Close Brothers selects IRESS for wealth management platform

Close Brothers Asset Management (CBAM) has selected fintech provider IRESS as its strategic wealth technology partner.

Close Brothers selects IRESS for wealth management platform

Under the agreement, IRESS will deliver its unified wealth technology platform to enable CBAM achieve its omni-channel ambitions.

IRESS said that its platform will streamline asset management and improve client engagement with a focus on better digital experience for customers.

The selection of IRESS follows its acquisition of Pulse Software Systems in 2015.

CBAM CEO Martin Andrew said: “IRESS’ acquisition of Pulse Software Systems was an opportunity for us to consider our requirements and the opportunities presented by a scaled provider taking ownership of a trusted existing system. We have been tremendously impressed by the team’s vision and appreciation of what we wish to achieve, and the ability to make these plans a reality together.”

IRESS group executive-strategy Simon New said: “As the wealth management landscape continues to evolve, providing a seamless client journey across online and traditional channels becomes ever more vital.

“CBAM recognizes this and this will see us deliver a streamlined, integrated technology solution that will provide CBAM with a holistic client view and multi-channel client and intermediary engagement capability.”