IRESS strikes systems agreement with ITG

By Reporter
 — 1 minute read

IRESS has aligned its systems with multinational financial markets technology firm Investment Technology Group to enable mutual clients to receive more comprehensive analysis of their trades.

According to a statement, the alignment will also assist mutual clients in addressing the requirements set out in ASIC Regulatory Guide 97, putting growing focus on costs and transparency in fund management processes.

IRESS said automated access and analysis of trade data is becoming a top priority for the Australian fund management community as a result of RG 97.


ITG head of trading analytics in Asia-Pacific Erin Stanton said clients are faced with ever-increasing demands for trading cost analysis from internal groups, regulators and external clients.

“The more simple data delivery mechanism allows our client service team to focus more on where we can really provide value to clients, particularly through expert consulting on benchmarks and models, trends in buyside trading behaviour and costs, and in helping them respond to the increasing number of requests for data they are now receiving,” Ms Stanton said.

IRESS managing director of financial markets for Australia Kirsty Gross said the goal is “to deliver improved solutions to respond client needs”.

She added that IRESS is pleased to be working with ITG to enhance the experience for its mutual clients.

Read more:

ASIC cancels Gallop International’s licence

‘Green loan’ marketplace receives $20m

Bank lobby calls for wider APRA powers

Small caps worth another look: Activus

TelstraSuper backs Australian innovators



Stimulate new ideas. Stimulate new thinking. Top up your CPD and hear from industry experts with InvestorDaily’s Knowledge Centre. Keep up to date with the latest trends and reforms, all while adding to your CPD. Explore the knowledge centre Knowledge Centre now. 

IRESS strikes systems agreement with ITG
investordaily image
ID logo


related articles

Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.