Britain’s Intelliflo expanding to Australia to take on IRESS
Britain-based wealth management software company Intelliflo is expanding to Australia and intends to aggressively pursue incumbent player IRESS’ customer base and dismantle the $2 billion company’s monopoly in Australia. Intelliflo, which is led by Australian Hamish Purdey, was recently acquired by global investment management company Invesco for an undisclosed sum, giving the business the resources to expand internationally. Intelliflo will continue to operate independently under its own brand as a wholly owned subsidiary of Invesco. “We’ve already had inbound inquiries from Australian businesses, as we have from other international companies too, who have seen us from afar and are keen to sponsor our entry to the market,” Mr Purdey said. […]
Statewide Super partners with IRESS’ Acurity to innovate member experience
Statewide Super and IRESS have partnered to complete the implementation of its Acurity superannuation administration platform which has seen a large number of members access their super information online. Statewide Super, an award-winning South Australian industry fund, is now delivering a fully-flexible digital environment for member administration which has modernised online access, reporting and compliance via the recently launched subscription model access for Acurity. Statewide Super replaced software offerings from multiple providers with the single Acurity platform, following a competitive selection process. Linda Zeelie, Chief Operating Officer Statewide Super, says that the profit for members’ organisation is proud to partner with IRESS to deliver a state-of-the-art experience that includes a […]
Cashwerkz term deposit datafeeds now available through XPlan (IRESS).
Cashwerkz now provides a direct feed into XPlan, which enables advisers who hold their clients’ term deposits with Cashwerkz to map this portfolio information into their clients’ XPlan record. The datafeed from Cashwerkz will provide advisers with the ability to comprehensively measure asset allocation, cash exposure and liquidity levels from a total portfolio perspective. This provides a great opportunity for advisers to actively manage their client’s term deposits, enabling them to offer clients greater choice and potentially better outcomes for cash investments. “This is an exciting development for Cashwerkz to further service prospective and current loyal advisers who rely on Cashwerkz for their client’s cash investments” said Hector Ortiz, CEO […]
IRESS launches ebMS messaging service linking super funds directly with the ATO
IRESS today announced that it has launched an ebMS messaging service that provides superannuation funds with a verified integration pathway to send non-financial data directly to the Australian Tax Office (ATO). In response to the ATO moving from periodic reporting requirements to near real-time reporting of superannuation events and transactions, the IRESS ebMS messaging service supports ATO message flows to enable super funds to meet the following reporting and compliance obligations: Member Account Attribution Service (MAAS), the Member Accounts Transaction Service (MATS), SuperTICK (STIC) and Supermatch (SMAT). Provided as a managed service, IRESS’ ebMS provides a cost effective, compliant, resilient and robust messaging solution that eliminates the need to use […]
IRESS invests in leading Australian RegTech Lucsan
Australian technology leaders, IRESS and Lucsan, today announced a partnership that will accelerate the application of RegTech in the financial services landscape. IRESS is making an equity investment in Lucsan: an established, Australian-owned RegTech and data analytics company providing leading technology solutions to a wide range of companies, including Australia’s major banks. Lucsan’s vision is to help financial institutions proactively reduce the ongoing cost of compliance and implement improved practices with its RegTech solutions. The minority equity position will support Lucsan’s own growth strategy as it focuses on expanding its business in Australia and more broadly into international markets. Equity investments by IRESS IRESS was founded in Melbourne in […]
IRESS launches XPLAN iAssist
IRESS has launched XPLAN iAssist to further strengthen support available to XPLAN users. XPLAN iAssist will allow users to grant an IRESS support team member temporary and secure access to their individual XPLAN session within a few seconds. Users needing the service will be able to securely-generate a unique token within XPLAN, which won’t require the exchange of any username and password details. IRESS product executive, Emily Chen, said iAssist allows IRESS to rapidly respond in real-time in a transparent, secure and efficient way, without the limitations and frustrations of screen-sharing software installations. “iAssist balances our desire to further improve user experience, help clients and users continue to increase business […]
Trading to National Stock Exchange available on IRESS
IRESS and the National Stock Exchange of Australia (NSX) today announced that clients of IRESS will be able to trade securities listed on the NSX through IRESS. The introduction of trading through IRESS builds on the existing market data feed of NSX securities available through IRESS. NSX Managing Director, Ann Bowering, said: “We are delighted to be working with IRESS to provide direct access to trading on the NSX market by leveraging the IRESS network and trading community. “It is essential that NSX provide companies listed on our exchange access to Australia’s broking network, and this has been easily facilitated through IRESS’ network. “In doing so we have given our […]
IRESS and ITG to deliver faster, improved analysis
Financial technology provider IRESS and ITG, a leading agency broker and financial technology firm, today announced a faster and more comprehensive analysis of trading costs for mutual clients. IRESS and ITG have aligned their systems to enable mutual IRESS and ITG clients to receive more comprehensive and efficient analysis of their trades. The alignment will also assist mutual clients in addressing the requirements set out in ASIC’s Regulatory Guide 97, which puts growing focus on costs and transparency in fund management processes. As a result of Regulatory Guide 97, automated access and analysis of trade data is becoming a top priority for the Australian fund management community. ITG’s Head of […]
