Comments by InvestmentLink that the fintech industry is failing to meet the holistic needs of the financial advice industry are out-of-step with reality, IRESS chief executive Andrew Walsh says.
“In recent years and months, a number of fintech providers have delivered significant new solutions to meet the changing needs of financial advisers and to provide solutions for all parts of the industry. This has followed periods of significant investment by established fintech businesses and new players.
“InvestmentLink CTO Wayne Robinson’s comments are disappointing and out-of-step with the reality of investments made in technology in financial services.
“While there is continued demand for ongoing innovation, his comments that available solutions are limited and exclude parts of the financial advice industry are inaccurate. Many of the solutions Mr Robinson refers to as needed are already available in the market.
“Collectively financial advisers and the wider industry have committed significant amounts to investing in new solutions to meet business, client and compliance needs. This is an exciting period for both fintech and the financial advice industry.”
For further information, please contact:
Group Executive – Communications & Marketing
Telephone: +61 468 963 068
Specialist investment manager Acorn Capital has selected the IRESS Portfolio System (IPS) as it seeks greater efficiencies.
Financial technology provider IRESS has announced the appointment of Emily Chen in a new senior product executive role with responsibility for key strategic product initiatives.
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.
Financial technology provider IRESS has announced that Stephen Mackley, Managing Director of Superannuation, will retire at the end of September 2017. Jeff Hall, currently General Manager of Consulting, Superannuation, has been appointed to the role.
Just two months out from the introduction of new superannuation laws, administrators and financial advisers should now be in the final stages of preparation.
IRESS’ advice and wealth management platform XPLAN has been named the number one Australian financial planning software by research house Investment Trends for the tenth consecutive year.
IRESS predicts a continued increase in its product and technology investment as it meets growing client demand in Australia and internationally.
IRESS Limited announced statutory net profit for the 12 months to 31 December 2016 of $59.5 million, up 7% over the prior year.
IRESS appoints new Group Executive – Communications & Marketing
Succession of Chief Technology Officer. Andrew Todd announced as new CTO. David Walker assumes new role of Chief Architect
IRESS today announced it has entered into an agreement to acquire Financial Synergy, a leading and established provider of software to the Australian superannuation industry.
IRESS today announces it has entered into an agreement to acquire INET BFA, an established South African provider of market data, analysis tools and financial data feeds.