Thursday, March 25, 2010
The recent acquisition of SENTRYi Pte Ltd simultaneously launched IRESS Wealth Management into Asia and expanded our product offering.
In January this year, IRESS Wealth Management acquired SENTRYi Pte Ltd (SENTRYi). With this acquisition, we have expanded our corporate presence into Asia, secured valuable market share and broadened our wealth management product offering.
Based in Singapore, SENTRYi is a wealth management software provider which develops, distributes and supports investment planning tools designed for the Asian marketplace. SENTRYi clients and prospects include tied agency forces, IFAs, and high net worth advice firms.
In the short term we are looking to grow the existing SENTRYi software, Portfolio Designer, and the strong relationships already developed by SENTRYi with current and potential key clients. Beyond this, our goal is to localise XPLAN for the Asian market, with an intitial focus on fresh opportunities, such as extending our risk research and analytics capability for the Singapore market.
SENTRYi’s software has multi-lingual and multi-location capability and is already deployed in Singapore, Hong Kong, Malaysia, and Taiwan.
For further details regarding this acquisition, see IRESS Acquires Sentryi.