Compelo Banking is using cookies

We use them to give you the best experience. If you continue using our website, we'll assume that you are happy to receive all cookies on this website.

ContinueLearn More
Close
Dismiss

IRESS presents fully integrated wealth management suite in Canada

IRESS has introduced its Private Wealth Management (PWM) software platform in Canada, built on an integrated web-based platform, which addresses major challenges faced by the Canadian wealth management community.

The launch into North America further extends the global coverage of the solution, already widely implemented in Australia, New Zealand, South Africa, Asia and the UK.

IRESS Canada vice president of sales Michael Harrison said as already demonstrated in other regions, IRESS Private Wealth Management has proven to successfully meet the key challenges being confronted by today’s wealth management professionals.

"The solution readily adapts to evolving regulatory changes, drives cost reduction through improved efficiencies and broadens revenue generation through enhanced relationship tools," Harrison added.

The system offers ‘360 degree’ functionality, while financial and investment advisors can utilize IRESS PWM to support and manage client contacts, relationships and campaigns.

Additionally, they can monitor Canadian and international markets in real time through IRESS’ ultra-low latency Market Data infrastructure.

It also enables firms to model, compare and contrast client portfolios in order to assist clients in making investment decisions and balancing risk and return as well as model, compare and contrast portfolios against a range of flexible adjusted and manually set benchmarks.

The secure client portal offers online client engagement allowing advisors to easily share client personal, portfolio, performance and investment information.

Another key feature of the platform is that it generates single and bulk orders for execution, thus advisors can "close the loop" between portfolio decisions and holdings by creating single and bulk order execution.