Media Releases / Wealth Management

IRESS, the leading supplier of technology for wealth management, financial markets and the mortgage industry today announces that it is delivering the integrated wealth management platform to new venture Saranac Partners, founded by former Barclays and JP Morgan executive, Thomas Kalaris.

The experienced management team behind Saranac is made up of, Len Gayler the former head of Cayenne Asset Management; former Barclays Managing Directors Michelle Witter, Andrew Catterall and Tanvi Davda; Philip Dench from Lombard Odier and Gray Smith formerly of Woodford Investment Management.

Saranac Partners is a private client advisory partnership, offering bespoke wealth management services for ultra-high net worth clients. Its approach is to leverage high intellectual capital and the latest technologies to provide investment management, financing, fiduciary and corporate finance services.

IRESS’ private wealth management technology provides Saranac Partners with an integrated platform to support the complete client experience for Saranac’s client base, from on-boarding, client reporting and customer relationship management (CRM), through to portfolio management and integrated trading functionality.

Key features of the technology platform include a single front office desktop solution for client and investment management alongside a digital client portal to support online access for clients.

Commenting on the introduction of IRESS technology, Andrew Catterall the head of Operations and Technology at Saranac Partners, said: “Our aim at Saranac Partners is to utilise technology to its best effect to support the wealth management needs of each of our clients. IRESS’ consultative approach and its ability to provide a complete technology solution for the business have played a crucial role in the early development of Saranac.

“Moreover, the experience of the IRESS team has instilled confidence in us that they will continue to respond to our changing needs by delivering scalable and leading edge technology as Saranac continues to grow, supporting our broader business strategy.”

Simon New, IRESS Group Executive – Strategy, added: “Saranac has taken the opportunity of being a new venture to deploy a single integrated technology solution. This has allowed the business to focus on establishing its market leading proposition and ensures more time is available for establishing and developing lasting client relationships.

“A seamless and tailored customer experience is a key differentiator. Saranac’s clients will expect nothing less than the highest standard of service and our technology supports that ambition. Having our front-office system central to their business will help to provide a truly client centric experience.”

 

Journalists, for further details, please contact:

Debra Knott

IRESS

Telephone: +44 (0) 1926 621 410

Mobile : +44 (0) 7796 271 584

debra.knott@iress.co.uk

Mark Locke / Pamela Morris

the lang cat

Telephone: +44 (0) 131 202 5994

iress@langcatfinancial.com

About IRESS

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.

 www.iress.com

@iressUK

 

 

Banner

More media releases

This site uses cookies to store information on your computer. By using our site you accept the terms of our cookies policy. Accept