Clients require platform scalability that can support high transaction volumes and the ability to seamlessly integrate acquisitions

Solution: Many of Innovest’s clients require significant processing power in order to support the volume of their growing businesses. One Innovest client is an S&P 500 juggernaut providing best-in class services across asset management and servicing to enable securities operations, asset management, advisor technology, and shareholder communications. This client required a fully automated, highly scalable accounting solution to power the services provided to High Net Worth and institutional clients, trust companies, and TPA’s. InnoTrust’s web based design and private cloud hosted platform was a perfect fit to efficiently process over 2 million transactions each month. Another Innovest client was a mid-sized recordkeeper for trust and retirements accounts when it began the search for a next generation platform.   A key factor in the selection of InnoTrust as the System of Record was the requirement to fully convert and integrate all account master and historical transaction data from any platform into a live, real time environment.  InnoTrust was able to consolidate 250,000 accounts from three different accounting application. A subsequent acquisition doubled the number of accounts from 250,000 to 500,000 as AUM multiplied to $35 billion.