News
Iress launches FundsFlow data product
Iress has launched a new data product, FundsFlow, built with Quantium, that analyses retail wealth transaction data to reveal investment trends for fund managers.
Company
Iress
Funding history
Investors
Every investor coverage indicates participated in a round Iress raised.
What Iress bought
Companies Iress acquired or merged with, per published coverage. Buying a company is not investing in one: nothing here counts in the deals column.
People
| Name | Role | Sources |
|---|---|---|
| Adam Webb | Executive General Manager (EGM) – Customer | Australian FinTech |
| Allirah Rehac | Client Solutions Consultant (former) | Australian FinTech |
| Andrew Walsh | Chief Executive | Australian FinTech (Wed 5 Aug 2020), Australian FinTech (Wed 18 Mar 2020) |
| Kelli Willmer | CEO – Wealth APAC | Australian FinTech |
| Michael Blomfield | Chief Commercial Officer | Australian FinTech |
| Simon Karaban | Chief Product Officer – Data | Australian FinTech |
Coverage
Stories naming Iress. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Key hire
Iress appoints Adam Webb as new Executive General Manager – Customer to Wealth business
Iress has hired Adam Webb from Count for a newly created senior customer role in its wealth division, starting in March; leaders at both firms welcomed the appointment.
News
Wilson's Oberg is tipping 50pc upside in this small-cap stock
An interview in which Wilson Asset Management's Oscar Oberg discusses the fund's retail positions, its holding in Iress, and why he believes childcare operator G8 Education is undervalued with significant upside.
Series A
VC Sprint Ventures backs media startup ausbiz amid Series A+ raise
Brisbane VC Sprint Ventures has invested in business news streamer ausbiz, whose Series A+ raise continues; the company also added a new Head of Product and an extra market commentator to its on-air desk.
News
Iress grants due diligence extension to pursuer EQT
Iress extends EQT's due diligence exclusivity by ten days as takeover talks progress, while the board cautions shareholders that the non-binding proposal may not lead to any transaction.
Funding announcement
Lumiant scales its business to help Financial Advisers scale theirs
Australian advice platform Lumiant announced several team appointments across communications, customer success and product, following an earlier capital raise of over $1 million run through Equitise.
Unnamed stage
$5m
SalesPreso rebrands as LivePreso following $5 million raise
Presentation software firm SalesPreso has rebranded as LivePreso after a $5 million round led by Shearwater Growth Ventures, with Chris Ridd joining its board as it targets business clients including Asahi and Iress.
Also SmartCompany
News
ACCC approve OneVue acquisition by Iress
Australia's competition regulator has cleared Iress's proposed takeover of ASX-listed fintech OneVue, and OneVue's board recommends the offer after the sale was delayed in July.
Key hire
Iress announces appointment of Chief Commercial Officer
Fintech firm Iress has created a Chief Commercial Officer role and appointed Michael Blomfield to it, with the hire starting in October and reporting to chief executive Andrew Walsh.
Exit / M&A
Iress swoops on UK pension researcher
Software firm Iress has bought UK pension and investment research provider O&M Systems, whose 2000-plus clients and team will join Iress, with its software integrated into the Xplan advice suite.
News
David Koch is launching a new live stream Australian business service
David Koch and Kylie Merritt are preparing to launch ausbiz, a free live-streaming business and startup news channel, in early 2020, with a Koch-led seed raise nearing completion and partnerships including Adviser Ratings and Iress.