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 a fully integrated wealth management solution to Progeny Asset Management, a newly launched discretionary investment manager offering bespoke and model portfolios.

Progeny Asset Management, part of the Progeny Group, offers a tailored investment solution that provides an unbiased selection approach and the ability to consider a broad range of investments. Progeny has its head office located in Leeds, with offices in the heart of central London.

IRESS’ Private Wealth Management (PWM) solution provides Progeny with a scalable, integrated platform to support the complete client experience. It covers the full spectrum from on-boarding, customer relationship management (CRM) through to portfolio management, client reporting and trading functionality connected to specialist outsourced provider and Broker, Winterflood Business Services (WBS). IRESS Market Data terminals provide the investment management team with direct market information, and a digital client solution will provide Progeny clients with online access to their investments.

Ian Hooper, Director of Progeny Asset Management, commented: “We are delighted to be working collaboratively with IRESS and Winterflood Business Services. Working with two leading providers in the industry enables Progeny Asset Management to deliver a complete and robust service to our clients.

“Our aim is to utilise best of breed technology to support the individual 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 Progeny Asset Management. 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 we continue to grow, supporting our broader business strategy.”

Andrew Foster, IRESS General Executive Manager – Private Wealth, added: “As a new venture, Progeny Asset Management has undertaken a robust review process to select IRESS as its technology partner. Its aim is to utilise technology to efficiently deliver the highest standard of client service and our technology supports that ambition. Having our front-office system central to the business and connected to our market data solution, will help to provide a compelling digital customer experience – a key differentiator for Progeny and its clients.

“Our integration with Winterflood is also key to delivering this seamless experience for Progeny and highlights the value of our extensive electronic trading community. We are proud to deploy our Private Wealth and market data solutions for the team at Progeny Asset Management, and look forward to continuing our relationship with Progeny.”

Download full media release PDF

 

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

 

Pamela Morris / Mark Locke

the lang cat

Telephone: +44 (0) 131 202 5994

iress@langcatfinancial.com 

 

Ian Hooper

Progeny Asset Management

Telephone: +44 (0) 113 467 1748

ian.hooper@progenyassetmanagement.com 

 

Gavin Lunning

Maltin

Telephone: +44 (0) 207 287 2575

gavin@maltinpr.com

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