Iress committed to creating the ‘right conditions for success’ in financial technology market

Iress has announced plans to review its approach and collaborations in hopes of creating the right conditions for Xplan, Mortgages, and Exchange platforms to successful lead the market, confirms Fintech Finance News.

Related topics:  Fintech,  Review
Tabitha Lambie | Editorial assistant, Barcadia Media
24th February 2023
"We have a great business here, with excellent people and excellent clients—many of them at the heart of the financial services system. Our goal is to create the right conditions for success in this important market."
- Marcus Price, Iress chief executive

In a recent statement, Marcus Price, Iress chief executive, said that the company’s focus is on “configuring our UK business for success, doing more for our clients and improving the overall financial performance of the group.”

“We are committed to accelerating improvements to our software and service for clients in the UK,” Price added after mentioning Iress’ plans to consider new collaborations with companies across the market with the intention of driving innovation and product development.

This announcement follows Iress’ recent partnership with CIExpert, enabling advisers to source quotes, research product quality and make applications all in one place.  

READ MORE: CIExpert partners with Iress to enhance advisers’ protection sales

Price also confirmed that Iress is “reviewing the best structures and approaches to deliver an outstanding experience” for its UK clients. The review includes these new collaborations that have the capacity to “drive innovation and product development in the pursuit of delivering new levels of value and service.”

Discussing the company’s commitment to its software and services in the UK, Price noted that it is “committed to making Xplan the number one advice and wealth management software in the UK,” as well as boosting the profile of both its Mortgages software and The Exchange which are already the UK leading mortgage originations platform and quote and apply portal for financial professionals respectively.

This review is set to conclude before April this year, afterwhich clients and investors will be informed of changes to the company’s strategy moving forward.

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