IRESS

What IRESS does

IRESS Limited (ASX:IRE) is a publicly listed Australian financial-services software company founded in 1993 and headquartered in Melbourne, operating across Australia, the United Kingdom, Canada, New Zealand, Singapore, South Africa, Malaysia, Tunisia, and the UAE through 14+ wholly-owned subsidiaries. The company provides a cloud-native, platform-plus-modules software suite organized into two principal product lines: Financial Advice (anchored by the Xplan practice management and compliance platform, plus the CommPay revenue reconciliation module and Client Portal) and Trading & Market Data (ViewPoint and Iress Pro trading platforms, the Iress FIX Hub connectivity engine, Market Data, Order System, and Institutional/Retail Trading modules). The product suite is integrated through a deep API and FIX protocol ecosystem and is supported by an ISO/IEC 27001:2022 certified information security program.

The company serves three primary customer segments: financial advisers and wealth managers (mid-market and enterprise), trading firms and brokers (retail and institutional), and adjacent segments including retirement income providers and Islamic finance intermediaries. Revenue is generated predominantly through subscription-based software licensing (tiered by modules, Authorized Users, API keys, and connections), supplemented by pass-through third-party data fees and professional services for implementation and training. Go-to-market is direct enterprise sales supported by account management, with a community platform of 19,400+ active users. Recent strategic priorities include a FY26 Business Efficiency Program targeting an ~25% EBITDA exit margin, platform modernization with Thoughtworks, geographic expansion into the Middle East via BitDelta Pro, and adjacent product expansion into trade surveillance (eflow), retirement income (Challenger), and Islamic home finance (Offa).

Name

IRESS

Legal name

Iress Limited

Website

https://iress.com

Company type

Public

Founded year

1993

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

IRESS Limited (ASX:IRE) is a Melbourne-headquartered, publicly listed financial-services software provider founded in 1993, delivering cloud-native Xplan (advice), ViewPoint/Pro (trading), and FIX Hub (connectivity) platforms to financial advisers, wealth managers, brokers, and trading firms across 7+ countries.

Ownership category

akta.pro rank

Product category

Financial Services Software

NAICS

Portfolio Management and Investment Advice (523940), Software Publishers (5132)

akta.pro primary industry

Registered Investment Advisor (RIA) Wealth Management (FSAEABAA)

akta.pro secondary industries

Investor Relations (IR) Services (BPAFADAC), Investor Relations (IR) & Capital Markets Communications (MPAAADAH)

Keywords

• Financial advice software
• Trading platform software
• Market data services
• Wealth management software
• Order management systems

Headquarters

HQ city

Melbourne

HQ country

Australia

HQ region

Oceania

Offices7 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Software Subscription (SaaS): Subscription-based licensing of software platforms including Xplan, ViewPoint, Iress Pro, FIX Hub, and Client Portal. Billed monthly in advance or annually with multi-year contract options. Fees based on number of modules, Authorised Users, API Keys, connections or other units of service.
2. Third Party Data Services: Fees collected on behalf of third party service providers for access to market data and other third party services. Third Party Fees subject to change and may include administration fees.
3. Professional Services: Implementation, training, and consulting services provided alongside software deployment, including data migration and customization support.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels7 records

Core offering

IRESS Limited is a financial services technology company that develops and sells software solutions for financial advice, trading, and market data. The company serves wealth management firms, retail and institutional brokers, and investment managers with platforms for financial planning, order management, execution, and market data distribution across Australia, New Zealand, the United Kingdom, Canada, South Africa, and Asia.

Product overview

Iress is a technology company providing software to the financial services industry, offering a platform-plus-modules architecture spanning two main product lines: Financial Advice (Xplan, Client Portal, CommPay) and Trading & Market Data (ViewPoint, Iress Pro, Iress FIX Hub, Order System, Market Data, Investment Management). Xplan serves as the core financial planning and advice platform with integrated revenue management (CommPay) and client portal capabilities. The trading division provides multi-asset execution infrastructure through ViewPoint and Pro trading platforms, supported by the cloud-native Iress FIX Hub for FIX protocol connectivity. The platform connects financial advisers, wealth managers, investment managers, traders, lenders and mortgage brokers with capabilities spanning advice, trading, compliance, and portfolio management.

Differentiator

Problem solved

Functional benefit

Products and services

• Xplan
• ViewPoint
• Iress Pro Browser-based trading and market data platform for advisers and brokers needing web access to market information, execution, and portfolio information.
• Iress FIX Hub FIX connectivity and order routing service that connects buy-side and sell-side participants to multiple execution venues, exchanges, and liquidity providers.
• CommPay Revenue, commission, and fee reconciliation platform for financial advice, wealth management, and broking businesses.
• Iress Client Portal Online portal that enables advisers and wealth firms to provide clients with access to portfolio information, reporting, and engagement tools.
• Iress Order System Order management system used by trading participants to capture, route, and manage orders across multiple venues.
• Iress Market Data Market data feed, analytics, and information services delivered to advisers, traders, and wealth professionals through Iress platforms.
• Iress Investment Management Investment and portfolio management software for investment managers, model portfolio construction, rebalancing, and reporting.
• Iress Institutional Trading Institutional trading platform providing execution, order management, and market access functionality to institutional brokers and trading desks.
• Iress Retail Trading Retail trading platform serving retail brokers and self-directed investors with execution, market data, and account management.

Quantifiable outcome

• Client reviews can take up to half a day; 60% result in little to no change to accounts
• +3 more outcomes

Named customers8 records

Segments4 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Six partnerships are on record, tiered core.

• BitDelta ProcoreTechnology or Integration · 22 June 2026Multi-year partnership providing full trading and market data suite including ViewPoint, Iress Pro, IOS+, FIX connectivity and APIs. Supports BitDelta Pro's expansion into equities and CFDs, enabling scalable multi-asset execution through API and FIX infrastructure connecting front-end and back-office systems.
• OffacoreStrategic or Co-development Partner · 9 June 2026Partnership to make halal home finance products available on Iress XPM and Trigold sourcing platforms. Expands Offa's distribution through UK intermediary channel following launches of halal Buy-to-Let, Bridge-to-Let, and Home Purchase Plan products.
• Succession WealthcoreTechnology or Integration · 3 June 2026Four-year contract extension for Xplan, CommPay, Xplan Mortgage, and Iress Pro technology solutions. Nearly decade-long collaboration continues with established commercial relationship.
• eflowcoreStrategic or Co-development Partner · 21 May 2026Strategic partnership integrating trade surveillance and compliance capabilities into Iress' global trading infrastructure. Combined solution helps financial market participants manage regulatory complexity, strengthen controls, and meet market abuse and best execution reporting obligations.
• ThoughtworkscoreStrategic or Co-development Partner · 8 May 2026Strategic partnership to modernize core platforms and accelerate AI-enabled growth across Wealth businesses. Collaboration aims to simplify technology architecture, deliver accelerated product innovation, and support platform development with advisory, engineering, cloud, and AI services.
• ChallengercoreStrategic or Co-development Partner · 27 October 2025Partnership to create retirement income advice solution for Australian financial advisers. Solution aims to improve accessibility of retirement income products by streamlining processes and integrating products into the advice journey.

Scale indicators7 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• Temenos: Core banking and wealth SaaS vendor that overlaps with Iress in wealth management platforms and adviser workflows across multiple geographies.
• SS&C Technologies: Diversified fintech and financial software group (Advent, Eze, Bloomberg's portware rivals) competing with Iress in trading, portfolio management, and wealth platforms globally.
• FIS (Fidelity National Information Services): Global capital markets and wealth technology vendor (including execution and post-trade platforms) operating at a much broader scale than Iress across trading and wealth workflows.
• LSEG (Refinitiv) Workspace / DataScope: Market data and trading infrastructure provider competing with Iress Pro, Market Data, and FIX connectivity across global capital markets.
• Bloomberg Terminal / EMSX: Dominant market data and execution platform on the buy-side, overlapping directly with ViewPoint, Iress Pro, and FIX Hub for trading workflow and connectivity.

Direct peers

• FNZ: Wealth management technology platform serving advisers and wealth managers with portfolio management, client onboarding, and reporting—directly comparable to Xplan and surrounding modules.
• SimCorp: Provider of investment management and trading software to buy-side institutions; comparable to Iress' Investment Management and Order System product lines for institutional clients.
• Hub24: ASX-listed platform provider to Australian financial advisers with integrated investment, administration, and reporting—overlaps directly with the Xplan addressable market in Australia.
• Praemium: Wealth management platform servicing advisers and their clients with model portfolios and reporting; a direct competitor in the Australian adviser software market alongside Xplan.
• Bravura Solutions: Australia-headquartered fintech focused on transfer agency, wealth management, and pensions administration, making it one of the closest direct comparables to Iress' domestic wealth franchise.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/channel/UCXXYqZvVHp0rqKYh9pJ9fbQ
• LinkedInlinkedin.com/company/iress
• Instagraminstagram.com/iress_global
• Xx.com/iress

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Subsidiaries14 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A8 records

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about IRESS