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Iress in expansion mode

By Victoria Young
2 minute read

Iress to grow product range as well as expand into the New Zealand and South African markets.

Iress plans to grow its existing product range as well as expand further into the New Zealand and South African markets.
The independent information technology firm will unveil a number of product enhancements later this year. 

Among the enhancements the group will include Risk Researcher to its newly acquired Visiplan software, and its dealer-pay system CommPay to its adviser desktops.

Iress wealth management solutions general manager Andrew Walsh said the enhancements were apart of the group's strategic direction, stemming from a new three tiered management system.

"We have had great success in delivering client results by ensuring that we are as close as possible to the client," Walsh said.

"The perception of moving into a larger operation is that there's more bureaucracy. We're trying to dispel that myth," he said.

The new corporate structure was announced to around 50 account executives bought together by the acquisition by Iress of VisiPlan in April, PlanTech in 2006 and Xplan in 2003.

Walsh added there had been no job cuts in the restructure. He said it had been an opportunity to bolster some areas in the Visiplan team.

"The key message really is about client support and making sure that all parts of our business are closely associated with client objectives and requirements," Walsh said.