Innovative Systems, founded in 1968, is a privately owned company headquartered in the United States with 110 employees. The company specializes in providing enterprise data management and risk management solutions, as well as consulting services.
On January 14, 2025, FinScan, an Innovative Systems solution, received recognition as a category leader in the Chartis RiskTech Quadrant® for KYC Solutions. Later that month, on January 22, 2025, Robert “Bob” Colonna, Chairman, President, and CEO of Innovative Systems Inc., received recognition as a Top 50 Financial Technology CEOs of 2024. Innovative Systems also released FinScan Marketplace, a platform consolidating anti-money laundering compliance tools into a single interface with a unified case management system. Separately, on January 28, 2025, Innovative Systems partnered with Datatel Communications Inc. and Datatel Inc. to release a webinar on payment technologies for rural broadband providers and utilities. Finally, Innovative Systems enhanced its FinScan Payments solution to improve transaction workflows and strengthen financial crime prevention.
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Innovative Systems offers products in the telecoms tech industry. Innovative Systems's product portfolio comprises of enterprise and telecoms software.
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Innovative Systems's revenues were less than $25M in 2023. All the revenue comes from identity platforms.
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