Commonwealth Private adopts Iress



The Commonwealth Bank’s private banking arm, Commonwealth Private, has implemented Iress’s wealth management technology suite for the private bank’s advisers.
The win was announced by Iress managing director Andrew Walsh, who said his company would be delivering its advice platform, XPlan, as well as Iress Portfolio System and Iress Order Management System.
He said the implementation had successfully integrated with banking systems and external sources to produce a centralised private client system across advice, portfolio management and order management.
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