Iress deploys XPLAN in the UK
Iress Market Technology has gone live with its first deployment in the United Kingdom after launching its XPLAN advice platform with Sesame Bankhall Group.
After announcing in November last year that it intended to enter the UK market, Iress has since established its UK team and data centres, and localised XPLAN for Sesame Bankhall and the wider UK market.
The software provider added that it has also integrated with six third-party systems to provide UK based modelling, fund data and quote services, as well as a number of financial product providers to manage electronic enquiry data.
Iress' UK managing director Mark Thelwell said its platform would provide the flexibility the UK financial services industry requires as it faces reforms under the Financial Services Authority's Retail Distribution Review.
According to James Stevenson (head of adviser technology at Sesame Bankhall), the feedback from its adviser network has been positive and the company would be working closely with Iress over the coming months in order to access the full benefits of the solution.
Recommended for you
The central bank has released its decision on the official cash rate following its November monetary policy meeting.
ASIC has cancelled the AFSL of a Melbourne-based managed investment scheme operator over a failure to pay industry levies and meet its statutory audit and financial reporting lodgement obligations.
Melbourne advice firm Hewison Private Wealth has marked four decades of service after making its start in 1985 as a “truly independent advice business” in a largely product-led market.
HLB Mann Judd Perth has announced its acquisition of a WA business advisory firm, growing its presence in the region, along with 10 appointments across the firm’s national network.
