Peter Chun, Acting Executive General Manager of CFS, said finding the right technology provider who understands the fast-changing advice and portfolio management environment, and the need for leading solutions to meet adviser needs, was paramount.
“Our approach is to use best-of-breed technology on the services we provide to advisers to meet their evolving needs, not just in managed accounts but in the broader context of running a platform.
“As one of the largest platform houses in Australia with adviser and investor feedback consistently telling us they are very satisfied, we went out and sourced the best in class capability around managed account technology”.
Managed accounts offer some of the benefits of direct ownership of securities with an overlay of professional management and administration.
“These benefits have been known by the industry for some time, but we are now seeing a sharp uptick in the demand for these types of products” said Mr Chun.
The solution will be available from 2017 on the Colonial First State FirstWrap platform.
IRESS Chief Executive Officer, Andrew Walsh, said IRESS was delighted to work with CFS.
“We are very pleased to help CFS continue to deliver on its strategy through technology and deliver this important solution for advisers and their clients.
“We continue to invest in building and implementing high quality, reliable and integrated technology to meet the many different needs of our clients, and their users.”
InFocus report in Professional Planner featuring IRESS CEO Andrew Walsh. The challenge for advisers in coming years will be to separate genuine technological upgrades for their business from the latest shiny new toys.
IRESS' response to article in shedCONNECT
Our CEO is through to the national stages in the EY Entrepreneur of the Year awards.
Three of our leaders have been named as finalists in the Momentum Media Women in Finance 2017 Awards.
Andrew Walsh has been named as a finalist in the 2017 EY Entrepreneur of the Year awards.
A career at IRESS is exciting but for our newest recruit, it's the start of something particularly special.
Our third annual hackathon took place last week with a record number of participants.
Andrew Walsh, Managing Director and CEO, along with John Harris, CFO, deliver announcement of IRESS' full year results for 2016
IRESS' graduate recruitment program in Australia has been recognised at the Top 100 Graduate Employers and Future Leaders Awards
Our MD of Wealth Management in IRESS AU/NZ has been recognised in the Money Management 2016 Women in Financial Service Awards.
This week we unveiled more details about our growth and confirmed we have opened a new office in Wollongong
David Walker, CTO, announces our Global Hackathon 2016.