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New York, NY (PRWEB) July 06, 2012

Innovest Systems announced today that Principal Trust Company has implemented the InnoTrust platform. The implementation, completed in 6 months, will allow Principal Trust Company, one of the nation’s largest non-depository trust companies, to further expand its personal trust offering.

Principal Trust Company selected Innovest in early 2012 because the InnoTrust product is a proven, secure, and flexible trust accounting and wealth management system delivered in a Software as a Service (SaaS) model.

“We are very pleased with the success of our InnoTrust implementation,” said Deborah Harris, personal trust manager at Principal Trust, “The conversion team made our transition as seamless as possible. We’re excited to be using a trust system that will allow us to streamline operations and enhance our ability to serve our customers.”

Gretchen Goode, Innovest Systems’ vice president of client service said, “The Principal Trust implementation is a great example of the benefits of having a trust system that is built on modern-era technology. Within a short time span, we were able to develop and deploy new features that will further automate Principal Trust’s multi-custodian offering. We look forward

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