Innovest Systems’ flagship product, InnoTrust is a secure, integrated, real-time trust accounting and wealth management technology platform provided via Software as a Service (SaaS) model.

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Innovest will enable the bank to deliver a comprehensive technology solution to the wealth management market.

Commenting on the move, Eric Chojnicki, president of wealth management at Midland States Bank said: "Our firm selected Innovest because we believe Innovest’s focus on bringing state-of-the-art solutions to the trust and wealth management market aligns perfectly with Midland States Bank’s deep commitment to providing excellent products and service to its wealth management clientele."