Financial technology provider Innovest Systems has secured authorization to offer products to government agencies through the Federal Risk and Authorization Management Program.Â
“We are very proud to have achieved FedRAMP authorization in under a year, a timeframe many believed to be unachievable,†Joanne Smith, chief operating officer of Innovest, said in a statement posted Wednesday.Â
She added the company will prioritize security and compliance of its products that will be available in the federal market.Â
Innovest currently offers its Trust & Wealth Management platform to help customers across the financial sector in principal and income accounting, investment management and reporting on assets held in trust, wealth and retirement accounts.Â