New York, August 8, 2012 –Innovest Systems, LLC, a financial technology firm specializing in trust accounting and wealth management solutions, announced today that Glenn Schmidt has joined the firm. Glenn joins Innovest as its chief operating officer and will be responsible for overseeing the client service, implementation, operations, and product development teams. Additionally, Glenn will be contributing his considerable experience and expertise to Innovest’s overall strategic planning.
Prior to his joining Innovest, Glenn was most recently with J.P. Morgan as vice president of product and platform for the Trust and Estates business. His prior experience includes managing director of Trust Services at Charles Schwab where he was responsible for the launch of the trust outsourcing business as well as product development and trust operations. Prior to his work with Charles Schwab, Glenn held management and operational positions at Innovest and SunGard Data Systems Inc.
“I’m excited to re-join the Innovest team,” said Glenn. “Innovest brings a unique blend of modern-era technology, client service focus, and industry expertise to bear on its clients’ challenges. I look forward to working with Innovest to deliver innovative solutions to the trust and wealth management marketplace.”
“Innovest is committed to providing the best trust and wealth management platform possible. Glenn’s extensive industry knowledge will be a tremendous asset as we continue to deliver on that commitment,” said William Thomas, Innovest’s chief executive officer. “With so much activity in the trust and wealth management space, Innovest takes its mission to continue to innovate very seriously. The quality of Innovest’s staff fuels that innovation and puts our clients in a position to compete more effectively.”
About Innovest Systems
Innovest Systems, LLC is a financial technology firm that provides technology-driven solutions to trust and wealth management companies. Innovest’s flagship product, InnoTrust, is designed to deliver a secure, integrated, real-time system offered in a Software as a Service (SaaS) environment. Innovest’s technology is designed to meet the needs of the world’s largest global financial services firms, as well as smaller independent trust and wealth management companies. Innovest is headquartered in New York City.
For more information about Innovest Systems, visit www.innovestsystems.com.
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Media: Fraylie Nord