Innovative Systems, a privately owned US-based company founded in 1968, develops and provides enterprise and telecoms software. Employing approximately 110 people, the company offers data management, risk management solutions, and consulting services. In 2023, its revenue was less than $25 million.
Innovative Systems' 2025 Rural Broadband Subscriber Study found internet speed and service price were the top factors influencing rural customer satisfaction for the third consecutive year. Rural customers rated local providers higher (7.9 average) than national providers (7.4) on a scale of 1 to 10. On April 8, 2025, Innovative Systems received a TabbFORUM NOVA Award, recognizing the company as a top capital markets technology innovator. The award acknowledges outstanding achievements in organizational performance, industry impact, and leadership. Innovative Systems also celebrates a ten-year partnership with Smartlabs, providing service providers with set-top boxes and video solutions across more than 27 U.S. states. Furthermore, Vanquis Banking Group partnered with Innovative Systems' FinScan solution to enhance its anti-money laundering (AML) compliance processes and financial crime risk management. FinScan's platform offers features such as sanctions screening, risk scoring, data quality management, KYC capabilities, and advisory services.
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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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