Having recently undertaken a review of its strategy with a view to simplifying its IT architecture and associated business processes, CBAM entered into a comprehensive feasibility study, concluding IRESS to be an ideal strategic partner to achieve its goals.
The collaborative delivery will see IRESS leverage its product suite, for a streamlined asset management and client engagement solution with a focus on an enhanced digital experience for clients and intermediaries.
Commenting on the agreement, Martin Andrew, CBAM CEO, said: “IRESS’ acquisition of Pulse Software Systems was an opportunity for us to consider our requirements and the opportunities presented by a scaled provider taking ownership of a trusted existing system. We have been tremendously impressed by the team’s vision and appreciation of what we wish to achieve, and the ability to make these plans a reality together.
“IRESS’ approach and its ability to provide an integrated and flexible technology solution for the business have played a key part in reaching this decision.”
Simon New, IRESS Group Executive – Strategy, added: “IRESS’ partnership with CBAM has grown from solid foundations and there is strong alignment of vision and aspiration across both businesses.
“As the wealth management landscape continues to evolve, providing a seamless client journey across online and traditional channels becomes ever more vital. CBAM recognises this and this will see us deliver a streamlined, integrated technology solution that will provide CBAM with a holistic client view and multi-channel client and intermediary engagement capability.”
Telephone: +44 (0) 1926 621 410
Mobile : +44 (0) 7796 271 584
Mark Locke / Pamela Morris
the lang cat
Telephone: +44 (0) 131 202 5994
IRESS is a leading supplier of technology for financial markets, wealth management and the mortgage industry in the United Kingdom, Australia, Asia, New Zealand, Canada, and South Africa.
All product streams support a diverse range of roles and offer front, middle and back-office functionality for clients that range from financial service institutions through to independent operators.
IRESS is a progressive, service-based organisation that employs over 1400 staff globally, with local knowledge and industry experience.
IRESS strives for excellence in relationships with clients and industry bodies alike. IRESS is client-driven, responsive and promotes a culture that supports working with customers and the industry to face challenges and keep pace with industry developments.
Close Brothers Asset Management provides a full range of advice, investment management and self-directed services to private clients and professional advisers. The business operates out of offices in London, Bristol, Manchester, Gatwick, Newcastle, Northwich, Edinburgh and Glasgow.
Close Brothers Asset Management is a trading name of Close Asset Management Limited and is part of Close Brothers Group plc. Close Asset Management Limited is registered in England and Wales and authorised and regulated by the Financial Conduct Authority. Registered number: 01644127. Registered office: 10 Crown Place, London EC2A 4FT. VAT registration number: 245 5013.
Close Brothers is a leading UK merchant banking group providing lending, deposit taking, wealth management services, and securities trading. We employ over 2,900 people, principally in the UK. Close Brothers Group plc is listed on the London Stock Exchange and is a member of the FTSE 250.
The latest data from IRESS indicates a positive trend in the sale of protection products.
IRESS mortgage research finds lenders are not fully caught up with intermediaries’ portal needs.
IRESS has successfully deployed its Mortgage Sales and Originations solution for TSB, as part of the lender's radical upgrade of its banking platform.
IRESS highlights the key areas which UK financial planners and wealth managers should consider to prepare for GDPR.
From January to October, IRESS has recorded over half a million (506,000) protection new business applications – as measured by click-through rates from The Exchange .
Advisers using XPLAN can meet and transact with clients virtually through leading digital workspace SuiteBox.
IRESS announces new and extended capability in XPLAN to support wealth managers and financial planning professionals in meeting their MiFID II requirements.
Scottish Widows are the latest protection provider to offer partially underwritten quotes through The Exchange.
IRESS announces its integrated wealth management and trading solution is now in use by Close Brothers Asset Management (CBAM) and its clients.
Our 2017 Mortgage Efficiency Survey asks will mortgage tech power 2018?
A new free service to help financial advice businesses identify key areas where efficiency savings might be made.
IRESS has announced it will launch next-generation digital tools through XPLAN from early 2018.