Press Release
First Rate, a leading provider of performance measurement and client reporting solutions for the financial services industry, and Innovest, a financial technology firm specializing in trust accounting and wealth management solutions, today announced a partnership to offer enhanced performance and client reporting solutions through Innovest’s trust and wealth management platform.
"We are excited to be expanding our performance measurement and reporting offering to include First Rate’s services. First Rate has been an excellent partner. We’ve found that the onboarding process for our clients is simple, and the team has been excellent to work with," said Jim Peterson, vice president of client service.
Together with Innovest, First Rate has developed tailored solutions to meet the unique needs of Innovest’s trust and wealth management clients. Innovest clients using First Rate’s performance measurement and client reporting service can expect to have multi-currency offerings and US based accounting capabilities. In addition, the platform provides ease of use and extended levels of service with the flexibility to have report aesthetics that meet the demands and needs of Innovest’s clients using First Rate’s suite of applications.
First Rate Performance has supported interfaces with Innovest’s trust application, InnoTrust Global and InnoTrust Advisor. Additionally, First Rate’s performance solutions are integrated with Innovest’s reporting platform. First Rate and Innovest’s partnership seeks to strengthen their client relationships by enhancing the analysis of their portfolio returns and communicating these results to their investment advisors, relationship managers, consultants and clients.
"First Rate is honored to be partnered with Innovest to provide performance and client reporting solutions for Innovest’s clients. First Rate has been successful in complementing wealth management platforms by integrating our performance and client reporting within a comprehensive wealth management solution," said Marshall Smith, general manager of Service Bureau. "Innovest clients will reap the benefits of integrated reporting, best of breed performance capabilities and fewer vendor relationships through our partnership."
Contact First Rate today to discover how First Rate’s integrated trust and wealth management solution with Innovest can help you improve efficiency and service to your clients.
