Powered by MOMENTUM MEDIA
investor daily logo

iRate transitions to Lonsec

  •  
By Stefanie Garber
  •  
2 minute read

The former van Eyk-owned software iRate is now operating under the Lonsec banner.

The research house acquired the technology in early November after the van Eyk group of companies went into liquidation.

According to a statement from Lonsec, iRate clients now have access to the suite of Lonsec’s proprietary research including managed funds, ETFs, SMAs, property funds, infrastructure funds and structured products.

Lonsec joint chief executive Amanda Gillespie said iRate would expand the company’s technology services.

“Lonsec has long had a compelling investment research offering and we are excited to now couple this with market leading portfolio construction advice and client reporting tools,” she said.

iRate is used by approximately 2,800 financial advisers and offers a portfolio construction functionality and the generation of consumer-focused reports, the statement said.

Ms Gillespie said advisers were seeking efficient access to research, reports and tools.

“Quality research remains a given but how it is delivered and the degree to which it can assist client engagement are now just as important,” she said.

“iRate covers all of these bases.”