Inspire Trust Company Case Study on Managed Services

This case study details the establishment of Inspire Trust Company, N.A., a startup national bank and trust company designed to serve individuals receiving proceeds from personal injury settlements. The document outlines the company's objective to provide specialized trust and investment services tailored to the unique needs of its clients. It discusses the challenges faced by Inspire Trust in launching as a virtual company and the necessity for a managed services solution to support its operations across multiple states. The case study highlights the selection process for a trust accounting partner, emphasizing the importance of affordability, ease of use, and technology reputation. It also describes the benefits gained from implementing SS&C Innovest's managed services, including enhanced operational efficiencies and the ability to manage diverse client portfolios through common trust funds. The document concludes with insights from Michael Cannella, Chief Regulatory Officer, regarding the advantages of the technology and services provided by SS&C Innovest.