Trust accounting software companies are specialized providers focused on managing fiduciary and trust accounting needs. They offer software solutions that assist professionals in accurately tracking client funds, ensuring compliance, and streamlining operational processes. As the demand for transparency and efficiency increases within financial services, these companies are innovating with features like real-time reporting and automated workflows. The industry is gradually integrating advanced technologies like artificial intelligence to simplify tasks and enhance security, promising to transform how trust accounting is performed in the future.

The companies listed here vary in size from small teams to larger firms, reflecting a range of expertise and operational scale. Many are headquartered in the United States, alongside others from Australia, Canada, and Europe. Established over the last four decades, they specialize in functionalities related to trust accounting, compliance management, portfolio oversight, and legal billing solutions, responding to a growing need for effective financial management tools.

Continue reading to explore the top trust accounting software companies.

Top 22 Trust Accounting Software Companies

1. Infovisa, Inc.

• Website: infovisa.com
• Ownership type: Family Owned
• Headquarters: Cornelius, North Carolina, United States (USA)
• Employee distribution: United States (USA) 100%
• Founded year: 1992
• Headcount: 11-50
• LinkedIn: infovisa-inc-

Infovisa, Inc., based in Cornelius, North Carolina, is a family-owned financial technology firm that specializes in trust accounting software solutions. Established in 1992, the company has developed its flagship product, the MAUI platform, which is designed to streamline operations for trust departments, banks, and independent trust companies. Infovisa prides itself on building strong relationships with its clients, emphasizing a customer-first approach that has allowed them to adapt their software to meet evolving industry needs. The company operates entirely within the United States, ensuring that all development and support services are U.S.-based. Infovisa has a dedicated team of professionals who continuously enhance their software offerings based on user feedback, demonstrating their commitment to innovation and client satisfaction. With a client base of over 165 institutions, Infovisa has established itself as a reliable partner in the trust accounting sector, providing comprehensive solutions that include real-time reporting and customizable modules to meet specific client requirements.

2. HWA International

• Website: hwainternational.com
• Ownership type: Corporate
• Headquarters: Memphis, Tennessee, United States (USA)
• Employee distribution: United States (USA) 100%
• Latest funding: June 2021
• Founded year: 1977
• Headcount: 11-50
• LinkedIn: hwa-international-inc.

HWA International, based in Memphis, Tennessee, is a software company that specializes in trust accounting and portfolio management solutions. Established in 1977, the company has built a solid reputation in the industry by providing innovative software products like TNET and TRUSTprocessor. These solutions cater to banks, trust companies, law offices, and foundations, enabling them to manage their trust operations efficiently. HWA International prides itself on exceptional client service, offering customizable solutions that adapt to the specific needs of its clients. With a workforce of around 31 employees, the company has maintained a strong presence in the trust accounting sector for over 40 years, focusing solely on trust accounting software. Their commitment to innovation and flexibility has allowed them to serve a wide range of clients, including private fiduciaries, IRA companies, and non-profit organizations.

3. Accutech Systems Corporation

• Website: trustasc.com
• Ownership type: Private
• Headquarters: Muncie, Indiana, United States (USA)
• Founded year: 1987
• Headcount: 51-200
• LinkedIn: accutech-systems-corporation

Accutech Systems Corporation, founded in 1987 and based in Muncie, Indiana, is a financial technology company that specializes in providing innovative software solutions for wealth management and trust accounting. Their primary product, Cheetah, is designed to streamline the management of assets and investments for financial institutions. Accutech serves a variety of clients in the financial services sector, including banks and wealth management firms, by offering tools that enhance operational efficiency and improve client engagement. The company prides itself on its commitment to keeping clients ahead of the competition through continuous technological advancements. With a workforce of approximately 124 employees, Accutech has established itself as a significant player in the trust accounting software market, focusing on personalized service and innovative solutions to meet the needs of its clients.

4. LeanLaw - Legal Billing Software

• Website: leanlaw.co
• Ownership type: Venture Capital
• Headquarters: Boise, Idaho, United States (USA)
• Employee distribution: United States (USA) 100%
• Latest funding: $1.2M, November 2024
• Founded year: 2015
• Headcount: 11-50
• LinkedIn: leanlaw

LeanLaw is a legal technology company based in Boise, Idaho, founded in 2015. The firm focuses on delivering cloud-based billing and financial management solutions specifically designed for law firms. Their software includes essential features such as trust accounting, advanced reporting, and matter management tools, which help law firms streamline their operations and enhance profitability. LeanLaw primarily targets small to mid-sized law firms, providing them with the tools necessary to improve their financial workflows. The company has received significant venture capital funding, with the latest round amounting to nearly $1.25 million in November 2024, reflecting its active role and growth potential in the legal technology sector.

5. BGL Corporate Solutions

• Website: bglcorp.com
• Ownership type: Private
• Headquarters: Brighton East, Victoria, Australia
• Employee distribution: Australia 95%, Other 5%
• Founded year: 1983
• Headcount: 201-500
• LinkedIn: bgl-corporate-solutions

BGL Corporate Solutions Pty Ltd, founded in 1983 and based in Brighton East, Victoria, Australia, is a private software company that specializes in compliance management and SMSF administration solutions. With a workforce of approximately 207 employees, BGL has established itself as a significant player in the software industry, particularly for accounting firms and businesses. Their product offerings include Simple Fund 360, which is tailored for SMSF administration, and CAS 360, which focuses on company and trust management. BGL's software solutions are designed to simplify compliance processes and improve operational efficiency, catering to over 10,000 clients across multiple countries. The company has received numerous accolades for its innovative software, including recognition as the SMSF Software Provider at the SMSF Adviser SMSF Awards for several consecutive years. BGL's commitment to customer service and continuous improvement is evident in their ongoing development of AI-powered solutions, further enhancing their relevance in the compliance and trust accounting sectors.

6. Estateably

• Website: estateably.com
• Ownership type: Private
• Headquarters: Montreal, Quebec, Canada
• Employee distribution: Canada 93%, United States (USA) 7%
• Founded year: 2018
• Headcount: 11-50
• LinkedIn: estateably

Estateably, founded in 2018 and based in Montreal, Quebec, is a private software company dedicated to enhancing estate and trust administration. The firm offers a robust platform that caters to legal and financial professionals, streamlining processes related to estate accounting, trust management, and document automation. Estateably's innovative solutions are designed to simplify the complexities of estate administration, allowing users to manage beneficiaries, assets, and liabilities efficiently. The company has gained traction in North America, with a client base exceeding 1,000 practices. Their focus on automation and task management, along with a commitment to security, positions them as a relevant player in the trust accounting software market.

7. Cirrus8

• Website: cirrus8.com.au
• Ownership type: Private
• Headquarters: Sydney, New South Wales, Australia
• Employee distribution: Australia 85%, United Kingdom (UK) 8%, Philippines 8%
• Founded year: 2016
• Headcount: 51-200
• LinkedIn: cirrus8

Cirrus8, founded in 2016 and based in Sydney, New South Wales, Australia, is a private company that provides cloud-based property management software. The firm focuses on trust accounting solutions tailored for trust accountants, property managers, and property owners. With a workforce of around 26 employees, Cirrus8 has established itself in the commercial property management sector, offering features that streamline operations and improve reporting capabilities. Their software includes a General Ledger module, budgeting tools, and automated invoicing, all designed to meet the specific needs of trust accounting. Cirrus8 has not reported any funding, indicating a self-sustained growth model. The company has garnered positive feedback from clients, emphasizing its role in enhancing operational efficiency and compliance in trust accounting.

8. TS Partners Inc

• Website: tspartnersinc.com
• Ownership type: Private
• Headquarters: King Of Prussia, Pennsylvania, United States (USA)
• Employee distribution: United States (USA) 100%
• Founded year: 1985
• Headcount: 11-50
• LinkedIn: ts-partners-inc

TS Partners Inc, founded in 1985 and based in King of Prussia, Pennsylvania, is a private software company that specializes in shareholder accounting solutions for the Global Corporate Trust and Stock Transfer business. With a dedicated team of 32 employees, TS Partners has developed a suite of applications designed to streamline the management of shareholder and bondholder accounts. Their flagship products, TranStar and LinkStar, are widely used by banks, corporations, and transfer agents to enhance operational efficiency in stock and bond processing. TS Partners prides itself on its customer service, offering personalized support without the complications of automated systems. The company has built a strong client base, managing over 5 million holders and $13 trillion in assets, which underscores its significant role in the industry. TS Partners has not reported any funding, indicating a self-sustained growth model.

9. NowInfinity

• Website: nowinfinity.com.au
• Ownership type: Corporate
• Headquarters: Southport, Queensland, Australia
• Employee distribution: Australia 59%, Philippines 32%, Ukraine 9%
• Latest funding: January 2020
• Founded year: 2012
• Headcount: 11-50
• LinkedIn: nowinfinity

NowInfinity, based in Southport, Queensland, Australia, is a corporate entity that operates under Class Pty Limited. Founded in 2012, the company focuses on providing innovative solutions for SMSF administration, trust accounting, and corporate compliance. Their offerings include a comprehensive platform that allows accountants, financial advisers, and legal professionals to manage corporate compliance and entity management efficiently. NowInfinity's tools, such as the Documentation Suite and Corporate Messenger, are designed to simplify the creation of legally backed documents and streamline compliance processes. The company has established a strong presence in the wealth accounting sector, with a notable number of entities administered through its platform, reflecting its operational significance in the industry.

10. Connectworks

• Website: connectworks.com
• Ownership type: Private
• Headquarters: Wellington, Wellington, New Zealand
• Employee distribution: New Zealand 100%
• Founded year: 2012
• Headcount: 11-50
• LinkedIn: trustworks-new-zealand

Connectworks, founded in 2012 and based in Wellington, New Zealand, is a private company that specializes in compliance management software tailored for accounting firms. With a team of 15 employees, Connectworks focuses on helping firms manage their AML compliance, company administration, and trust management needs. Their platform integrates various compliance tasks into a single cloud-based solution, allowing firms to efficiently handle regulatory obligations. Connectworks has established itself as a reliable partner for accounting firms looking to enhance their compliance processes and improve client management. The company has not reported any funding, indicating a self-sustained growth model.

11. BMD Systemhaus GesmbH

• Website: bmd.com
• Ownership type: Private
• Headquarters: Steyr, Upper Austria, Austria
• Employee distribution: Austria 99%
• Founded year: 1972
• Headcount: 501-1000
• LinkedIn: bmd-systemhaus-gesmbh

BMD Systemhaus GesmbH, founded in 1972 and based in Steyr, Upper Austria, is a private software development company that specializes in creating business software solutions tailored for tax consulting, auditing, and small to medium enterprises. With a workforce of approximately 322 employees, BMD has established itself as a significant player in the financial services sector. The company offers a comprehensive range of products, including accounting software, payroll systems, and cloud solutions, all aimed at enhancing operational efficiency for its clients. BMD's software is utilized by over 30,000 customers, reflecting its strong presence in the market. The company also emphasizes continuous improvement and adaptation to industry needs, ensuring that its software remains relevant and effective for its users.

12. Accounto AG

• Website: accounto.ch
• Ownership type: Private
• Headquarters: Zurich, Zurich, Switzerland
• Employee distribution: Switzerland 100%
• Founded year: 2017
• Headcount: 11-50
• LinkedIn: accounto-technology-ag

Accounto AG, founded in 2017 and based in Zurich, Switzerland, is a private company that offers innovative digital accounting software. With a team of 23 employees, Accounto focuses on providing automated bookkeeping solutions specifically designed for small and medium-sized enterprises (SMEs) and fiduciaries. Their cloud-based platform aims to simplify and enhance the efficiency of accounting processes, allowing clients to shift their focus from routine tasks to more strategic business activities. Accounto's software integrates advanced features such as digital document management and automated bookkeeping, which are essential for modern accounting practices. The company is dedicated to supporting the digital transformation of the fiduciary sector, helping firms optimize their operations and improve client service. Accounto has not reported any funding, indicating a self-sustained growth model as they continue to develop their offerings and expand their market presence.

13. TaxDome

• Website: taxdome.com
• Ownership type: Private
• Headquarters: New York, New York, United States (USA)
• Employee distribution: United States (USA) 74%, Serbia 5%, Mexico 3%, Other 17%
• Founded year: 2017
• Headcount: 201-500
• LinkedIn: taxdome

TaxDome, founded in 2017 and based in New York City, is a private software company that provides a comprehensive practice management solution specifically designed for accounting firms, CPAs, and bookkeepers. With a workforce of approximately 245 employees, TaxDome focuses on enhancing operational efficiency and client interactions through its suite of tools. The platform includes features for client management, document handling, workflow automation, and secure communication, all of which are critical for firms handling trust accounts. TaxDome has gained recognition in the industry, notably winning the Comprehensive Firm Workflow Solutions category in the CPA Practice Advisor Readers’ Choice Awards 2024. This accolade underscores its commitment to delivering effective solutions for accounting professionals. The company operates primarily in the accounting and financial services sector, making it a relevant player in the trust accounting software market.

14. SS&C Innovest

• Website: innovestsystems.com
• Ownership type: Corporate
• Headquarters: New York, New York, United States (USA)
• Latest funding: $120.0M, April 2020
• Founded year: 2000
• Headcount: 51-200
• LinkedIn: innovest-systems

SS&C Innovest, founded in 2000 and based in New York City, is a financial technology firm that specializes in wealth management platforms and trust accounting solutions. The company offers a suite of products, including InnoTrust, which is tailored for trust companies, banks, and retirement plan administrators. Innovest's solutions are designed to streamline operations and enhance service delivery, addressing the challenges posed by outdated legacy systems. With a focus on modern, web-based technology, Innovest has built a reputation for providing robust accounting and reporting systems. The company has also received significant funding, totaling $120 million in 2020, which supports its ongoing development and expansion in the financial services industry. Innovest's managed services further complement its offerings, allowing clients to optimize their operations through outsourcing and expert support.

15. TrustQuay

• Website: trustquay.com
• Ownership type: Private
• Headquarters: Lacock, England, United Kingdom (UK)
• Latest funding: Other (Debt), June 2019
• Founded year: 2019
• Headcount: 51-200
• LinkedIn: trustquay

TrustQuay, known as Quantios, is a private SaaS provider based in Lacock, England, specializing in wealth and corporate services. Founded in 2019, the company has quickly established itself in the trust and corporate services sector, offering a range of software solutions designed to enhance compliance, operational efficiency, and data governance. With a client base exceeding 600 global firms, TrustQuay's products include integrated platforms for entity management and regulatory compliance. Their offerings, such as Quantios Core and vPoint, are tailored to streamline operations and improve client servicing. TrustQuay has received recognition for its innovative technology, evidenced by multiple industry awards, and is committed to helping firms navigate the complexities of trust administration and corporate governance.

16. MyWorkpapers

• Website: myworkpapers.com
• Ownership type: Corporate
• Headquarters: Milton Keynes, England, United Kingdom (UK)
• Employee distribution: United Kingdom (UK) 71%, Australia 29%
• Latest funding: June 2024
• Founded year: 2009
• Headcount: 11-50
• LinkedIn: myworkpapers

MyWorkpapers, founded in 2009 and based in Milton Keynes, UK, is an accounting software provider that specializes in cloud-based solutions tailored for accountants and auditors. The company has developed a range of products aimed at improving efficiency in accounting practices, including automated audit content and customizable year-end templates. With a workforce of 24 employees, MyWorkpapers serves a significant user base of over 10,000 professionals, primarily in the UK and Australia. Their platform is designed to streamline workflows, enhance collaboration, and facilitate a paperless working environment, which is increasingly important in today's digital age. MyWorkpapers has not reported any recent funding, indicating a stable operational model focused on delivering value to its users without external financial backing.

17. BuchhaltungsButler

• Website: buchhaltungsbutler.de
• Ownership type: Corporate
• Headquarters: Berlin, Berlin, Germany
• Employee distribution: Germany 100%
• Latest funding: January 2023
• Founded year: 2015
• Headcount: 11-50
• LinkedIn: buchhaltungsbutler

BuchhaltungsButler, founded in 2015 and based in Berlin, Germany, is an accounting software provider focused on delivering automated bookkeeping solutions. The company caters primarily to small and medium-sized enterprises, freelancers, and non-profit organizations. Their software simplifies financial management through features like expense tracking, invoice management, and seamless integration with over 5,000 banks and financial services. BuchhaltungsButler is recognized for its high degree of automation, which significantly reduces manual errors and enhances efficiency in accounting processes. The company has garnered a customer base of over 10,000 satisfied users, indicating its growing presence in the industry. Additionally, BuchhaltungsButler prioritizes data security, ensuring that all customer data is stored in secure German data centers, which is a critical consideration for clients in the accounting sector.

18. CosmoLex - Web-Based Legal Practice Management Software

• Website: cosmolex.com
• Ownership type: Corporate
• Headquarters: South Brunswick Township, New Jersey, United States (USA)
• Employee distribution: United States (USA) 93%, Canada 7%
• Latest funding: October 2018
• Founded year: 2013
• Headcount: 51-200
• LinkedIn: cosmolex-llc

CosmoLex is a web-based legal practice management software provider based in South Brunswick Township, New Jersey. Founded in 2013, the company has carved out a niche in the legal technology sector by offering an integrated solution that combines billing, accounting, and case management tailored specifically for law firms. CosmoLex aims to assist small law firms and solo practitioners in enhancing operational efficiency, improving cash flow, and ensuring compliance with legal standards. The software includes features such as trust accounting, which is designed to help legal professionals manage client funds accurately and in accordance with regulations. CosmoLex has established itself as a reliable partner for legal professionals, providing tools that facilitate better management of their practices. The company operates primarily in the United States and Canada, with a focus on delivering a comprehensive suite of services that address the unique challenges faced by legal practitioners.

19. Cheetah

• Website: cheetahinc.com
• Ownership type: Corporate
• Headquarters: Muncie, Indiana, United States (USA)
• Employee distribution: United States (USA) 97%, Mozambique 3%
• Latest funding: March 2006
• Founded year: 1987
• Headcount: 51-200
• LinkedIn: accutech-systems-corporation

Cheetah, based in Muncie, Indiana, is a software company that has been active in the trust and wealth management sector since its founding in 1987. The company provides a robust platform designed to streamline various processes for financial institutions and wealth management firms. Cheetah's offerings include automated account opening, investment management, and business intelligence tools, all aimed at improving operational efficiency and client service. The company serves a range of clients, helping them adapt to the evolving demands of the financial landscape. Cheetah's solutions are cloud-based, allowing for flexibility and scalability, which is crucial in today's fast-paced market. Their focus on innovation positions them well to meet the needs of modern investors, making them a relevant player in the trust accounting software industry.

20. STOTaX GmbH & Co. KG

• Website: stotax.de
• Ownership type: Private
• Headquarters: Bonn, North Rhine-Westphalia, Germany
• Employee distribution: Germany 100%
• Founded year: 1913
• Headcount: 51-200
• LinkedIn: stotax-gmbh-und-co-kg

STOTaX GmbH & Co. KG, based in Bonn, North Rhine-Westphalia, Germany, is a private software company founded in 1913. The firm specializes in tax and accounting solutions tailored for tax consultants and businesses. Their product suite is designed to simplify tax management processes, making it easier for accounting firms and organizations to handle their financial operations efficiently. STOTaX also offers training resources, including webinars and instructional videos, to support users in maximizing the utility of their software. The company serves a clientele that includes various accounting firms, demonstrating its commitment to providing effective solutions in the financial sector. With a workforce of around 51-200 employees, STOTaX maintains a strong presence in the German market, focusing exclusively on this region.

21. Red Wing Software

• Website: redwingsoftware.com
• Ownership type: Private
• Headquarters: Red Wing, Minnesota, United States (USA)
• Employee distribution: United States (USA) 100%
• Founded year: 1979
• Headcount: 11-50
• LinkedIn: red-wing-software

Red Wing Software, Inc., based in Red Wing, Minnesota, has been a player in the accounting software industry since its founding in 1979. The company specializes in providing accounting and payroll solutions tailored for small to mid-sized businesses, with a notable focus on agribusinesses. Their product lineup includes CenterPoint Accounting, CenterPoint Payroll, and CenterPoint Fund Accounting, which is specifically designed for nonprofits and municipalities. This product suite reflects their commitment to addressing the unique financial management needs of various sectors. Red Wing Software also emphasizes customer support, offering training and implementation services to ensure users can effectively utilize their software. With a dedicated team of around 28 employees, the company maintains a strong presence in the North American market, focusing on delivering personalized service and support to its clients.

22. QNE Software Philippines, Inc.

• Website: qne.com.ph
• Ownership type: Private
• Headquarters: Manila, Metro Manila, Philippines
• Employee distribution: Philippines 100%
• Founded year: 2007
• Headcount: 51-200
• LinkedIn: qne-software-philippines-inc-

QNE Software Philippines, Inc. is a private company based in Manila, Metro Manila, established in 2007. The firm specializes in providing accounting software solutions tailored for businesses in the Philippines. Their product lineup includes various accounting software designed to automate financial management tasks, ensure compliance with tax regulations, and enhance productivity for small and medium-sized enterprises. QNE Software has developed a reputation for its focus on local market needs, offering features that cater specifically to the requirements of Filipino businesses. Their software solutions, such as QNE Optimum Accounting and QNE AI Cloud Accounting, are equipped with advanced functionalities, including real-time processing and AI integration, which help streamline accounting processes. The company has not reported any funding, indicating a self-sustained growth model. QNE Software continues to play a significant role in the accounting software industry, particularly in the context of trust accounting.

Trust Accounting Software Insights: Key Companies

Company	Headquarter	Size	Founded	Ownership
Infovisa, Inc.	Cornelius, North Carolina, United States (USA)	11-50	1992	Family Owned
HWA International	Memphis, Tennessee, United States (USA)	11-50	1977	Corporate
Accutech Systems Corporation	Muncie, Indiana, United States (USA)	51-200	1987	Private
LeanLaw - Legal Billing Software	Boise, Idaho, United States (USA)	11-50	2015	Venture Capital
BGL Corporate Solutions	Brighton East, Victoria, Australia	201-500	1983	Private
Estateably	Montreal, Quebec, Canada	11-50	2018	Private
Cirrus8	Sydney, New South Wales, Australia	51-200	2016	Private
TS Partners Inc	King Of Prussia, Pennsylvania, United States (USA)	11-50	1985	Private
NowInfinity	Southport, Queensland, Australia	11-50	2012	Corporate
Connectworks	Wellington, Wellington, New Zealand	11-50	2012	Private
BMD Systemhaus GesmbH	Steyr, Upper Austria, Austria	501-1000	1972	Private
Accounto AG	Zurich, Zurich, Switzerland	11-50	2017	Private
TaxDome	New York, New York, United States (USA)	201-500	2017	Private
SS&C Innovest	New York, New York, United States (USA)	51-200	2000	Corporate
TrustQuay	Lacock, England, United Kingdom (UK)	51-200	2019	Private
MyWorkpapers	Milton Keynes, England, United Kingdom (UK)	11-50	2009	Corporate
BuchhaltungsButler	Berlin, Berlin, Germany	11-50	2015	Corporate
CosmoLex - Web-Based Legal Practice Management Software	South Brunswick Township, New Jersey, United States (USA)	51-200	2013	Corporate
Cheetah	Muncie, Indiana, United States (USA)	51-200	1987	Corporate
STOTaX GmbH & Co. KG	Bonn, North Rhine-Westphalia, Germany	51-200	1913	Private
Red Wing Software	Red Wing, Minnesota, United States (USA)	11-50	1979	Private
QNE Software Philippines, Inc.	Manila, Metro Manila, Philippines	51-200	2007	Private

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