Innovest signs for S&P securities data

Source: Standard & Poor's

Standard & Poor's announced today an agreement to deliver securities data to Innovest Systems, the trust and wealth management accounting and back-office solutions provider.

Under the new agreement, Innovest will receive end-of-day pricing, independent securities evaluations and corporate actions data from Standard & Poor's, a leading global provider of independent research, ratings and indices.

"This relationship expands our distribution channels within the trust and wealth management communities," said Frank Ciccotto, Senior Vice President for Standard & Poor's. "Delivering our comprehensive and high-caliber content to Innovest Systems is a beneficial relationship for both of our organizations."

"We are excited to partner with Standard & Poor's because of the breadth, depth and quality of data they have long provided to the financial services industry," says William Thomas, chief executive of Innovest Systems. "Our alliance with Standard & Poor's enhances the quality of content we deliver to our valued clients."

Standard & Poor's is a leading provider of independent fixed income evaluations and global pricing services that support securities operations, fund pricing and portfolio management worldwide. The company's extensive product offering delivers comprehensive global fixed income and equity pricing services for more than three million securities, over 40,000 international fixed income evaluations, municipal and taxable evaluations, CDs, syndicated (bank) loans and municipal performance indices.

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