Summer 2027
Software Engineer Intern/Co-op
Posted on 9/3/2026
Innovative Systems
51-200 employees
Enterprise data quality and compliance solutions
No salary listed
Pittsburgh, PA, USA
Hybrid
Two days on-site and three days remote per week.
Bachelor's
 Software Engineering |
|---|
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- A minimum of two years of undergraduate work completed by the start of the internship/co-op.
- Currently enrolled in an accredited college or university with a major in Computer Science or a related technical major.
- Knowledge of and passion for learning software and web development, design, and implementation.
- Strong focus on quality.
- Strong analytic and problem-solving skills.
- Strong research skills.
- Ability to work effectively independently or collaboratively.
- Program applications and/or components, with the level based on the individual's skills, knowledge, and prior experience.
- Research new technologies, development tools, and technical problems.
- Work independently and collaboratively to implement assigned projects.
- Perform other related duties as assigned or requested.
- Coding experience with one or more of C, SQL, .NET, XML, HTML, JavaScript, and CSS.
- Experience with various operating systems.
Innovative Systems provides enterprise data, compliance, integration, and audit solutions through its brands FinScan, Enlighten, and PostLocate. The products help organizations clean and connect data, enforce regulatory rules, and audit processes to surface actionable insights that highlight opportunities or risks. The company offers cloud-based (SaaS), on-premise, and hybrid deployments to fit client needs and serves clients in more than 65 countries. Revenue comes from subscriptions and software licenses with ongoing support, enabling long-term client engagements. Its solutions support financial institutions, government agencies, and large enterprises in managing data quality, compliance, and risk, with the goal of improving accuracy, reducing costs, and shortening time to production while providing continuous operational insights.
Company Size
51-200
Company Stage
N/A
Total Funding
N/A
Headquarters
Pittsburgh, Pennsylvania
Founded
1968
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See people who can refer or advise you
Simplify's Take
What believers are saying
- Ben Sher joined as CRO in February 2026 to accelerate global commercial expansion.
- FinScan Marketplace launched in 2026, bundling sanctions, KYC, adverse media, and case management.
- Vanquis Banking Group chose FinScan in 2026, proving demand among regulated UK banks.
What critics are saying
- Big vendors like LSEG and ComplyAdvantage squeeze screening margins by 2026.
- Financial institutions face vendor consolidation in 2026, threatening FinScan's standalone seat count.
- The Actifai acquisition stretches management across broadband and compliance, diluting focus by 2027.
What makes Innovative Systems unique
- FinScan's 2026 LSEG World-Check validation gives it a rare screening integration edge.
- Customer retention hit 93% in February 2026, signaling sticky compliance workflows.
- Innovative Systems operates in 65 countries, pairing FinScan, Enlighten, and PostLocate globally.
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Benefits
Health Insurance
Paid Parental Leave
Tuition Reimbursement
Paid Vacation
Hybrid Work Options
Flexible Work Hours
Performance Bonus
Company News
FinScan becomes first AML provider to achieve LSEG World-Check On Demand technical validation. Quick summary. FinScan has successfully completed the technical validation for its integration with LSEG World-Check On Demand. This milestone allows financial institutions to access trusted risk intelligence directly within their AML screening workflows, ensuring seamless compliance coverage and operational efficiency through a validated technology partnership between Innovative Systems and LSEG. How does the FinScan and World-Check integration improve compliance? The integration of trusted risk intelligence from LSEG World-Check On Demand into the FinScan platform allows compliance teams to operate with unparalleled data accuracy. By embedding this intelligence directly into existing workflows, financial institutions can eliminate manual friction and ensure that their screening processes are backed by LSEG's rigorous technical standards. This partnership focuses on reducing operational risk while providing the scale necessary to handle high-volume screening requirements. * Direct access to global risk data within the FinScan interface. * Automated sanctions and watchlist updates to ensure real-time accuracy. * Full alignment with LSEG architecture standards for secure data delivery. What results has the technical validation delivered? By achieving formal go-to-market readiness, FinScan has secured a strong first-mover advantage in the AML technology space. This validation confirms that the integration adheres to operational best practices, allowing customers to deploy the solution with confidence. The technical synergy between the two platforms ensures that trusted risk intelligence is delivered without compromising the speed or performance of the screening engine. "Our process follows rigorous technical validation to confirm that partner integrations align with World-Check On Demand's architecture, data delivery standards, and operational best practices," said Priya Nallan, Head of Product, Screening at LSEG Risk Intelligence. "With this milestone achieved, FinScan is now recognized as a technology partner capable of delivering World-Check On Demand within its AML and sanctions screening workflows." Why is this partnership critical for financial institutions? As global regulatory regimes become more complex, the need for integrated risk intelligence has never been higher. The combination of FinScan's proprietary matching technology and World-Check's data allows firms to strengthen compliance programs while maintaining high levels of operational efficiency. This validated integration ensures that compliance teams can depend on consistent data delivery across all global jurisdictions. "Completing the validation process is an important milestone for our partnership and for the customers we serve," said Deborah Overdeput, Chief Operating Officer at Innovative Systems. "This confirms that FinScan is fully aligned with LSEG's integration standards and ready to deliver World-Check On Demand within our screening platform. Together, we can help financial institutions strengthen their compliance programs while maintaining operational efficiency." Ff news take: This integration moves the needle by solving the perennial problem of data silos in AML compliance. By embedding trusted risk intelligence directly into the screening engine, FinScan and LSEG are reducing the 'integration tax' that often plagues financial institutions. This move signals a shift toward more open, validated ecosystems where high-quality data and high-performance software work in lockstep to combat financial crime effectively. Featured speakers.
FinScan, the anti-money laundering compliance solution from Innovative Systems, has announced a series of achievements over the past year, including product enhancements and leadership appointments. The company's customer retention rate stands at 93%, significantly above the SaaS industry average of 68%. Key developments include expanded payment screening support for IACH and Fedwire, risk-based transaction screening capabilities, and API-first data quality controls. The platform now processes over 100 million transactions daily with response times as fast as 66 milliseconds. FinScan has strengthened its leadership team with several strategic appointments, including Ben Sher as Chief Revenue Officer and Christopher Ostrowski as Product Management Leader. The company serves hundreds of organisations globally across financial services, banking and fintech sectors.
Innovative Systems hires Sher as chief revenue officer. Innovative Systems, a provider of data quality, postal coding, and application migration, has appointed Ben Sher as chief revenue officer based in the company's London office. Sher will lead the company's global revenue strategy, overseeing sales, go-to-market operations, partnerships, and commercial transformation initiatives aiming to support the company's next phase of accelerated growth. He brings more than 20 years of experience driving revenue expansion and operational scale across FinTech and enterprise SaaS organisations. In his role as chief revenue officer, Sher will focus on aligning global sales, expanding strategic partnerships, strengthening enterprise relationships, and driving sustainable, predictable growth. Deborah Overdeput, chief operating officer at Innovative Systems, says: "Ben is a proven builder of high-performing commercial teams and a strategic leader who understands how to translate market opportunities into measurable results. "His track record of scaling international go-to-market operations and leading complex enterprise sales makes him an ideal fit as we continue to expand our global footprint and deepen our relationships with customers."
Innovative Systems has won the award for Best Data Solution for Regulatory Compliance for its FinScan Enhance solution in the Data Management Insight USA Awards 2025.
Under Colonna's leadership, Innovative Systems has expanded its reach to over 65 countries around the world, with offices in Pittsburgh, where the company is based, and in São Paolo, Mexico City, Dubai, and London, with clients in 66 countries.