![]() | |
Public | |
Traded as | ASX: IRE |
Industry | Software |
Founded | 1993 |
Headquarters | Melbourne, Australia |
Key people | Tony D’Aloisio (Chairman), Andrew Walsh (Chief Executive Officer) |
Products | Trading platform, market data, wealth management software |
Revenue | A$: 464.6 million (2018) [1] |
Number of employees | 1950 [2] (2019) |
Website | iress |
Iress is an Australian software company specialising in the development of software systems and services for financial markets and wealth management.
Iress software is used by more than 9,000 businesses and 500,000 users globally. [3]
It is listed on the Australian Securities Exchange (ASX), and is a member of the S&P/ASX 200 index. [4]
The company was formed in June 1993 as Dunai Financial Systems (DFS) by Peter Dunai, Neil Detering and Hung Do. Two years later the equity information software product ‘Iress’ is launched. In January 1997 Bridge Information Systems acquired 80% of Dunai Financial Systems (DFS) and formed BridgeDFS.
In June 1997 the trading software product ‘Iress Order System (IOS)’ is launched, in line with the ASX options market moving from floor to screen to commence electronic trading. [5] In November 2000, BridgeDFS lists on the Australian Stock Exchange as BIS.ASX. and in October 2001, BridgeDFS changes its name to Iress Market Technology Limited (Iress).
Over the next decade, Iress would expanded from a predominantly Australian operation, into a global technology business through a string of acquisitions. The company continued to evolve and expand to serve multiple client segments internationally. It faced a range of competitors, and its software services incorporated global technology trends and financial services regulatory influences. [6]
Established in 2017, the Iress Foundation initiatives are driven and run by Iress people from around the world. The initiatives involve creating events and fundraising programs to support people in the local community.
Some of the Foundation's support partners include:
Since 2015, Iress has reported its energy use, air travel for all offices (and associated emissions for a number of offices), in addition to paper use as part of its risk reporting as recommended by the ASX Corporate Governance Principles and Recommendations (3rd ed.). In 2020, Iress will begin to report on e-waste generated at all its global locations.
Iress’ general goal is a net reduction of energy, emissions, air travel and paper use year on year, on a per capita basis, for all locations.
Tony D’Aloisio- Chairman
Niki Beattie - Non-Executive Director
John Cameron - Non-Executive Director
Julie Fahey - Non-Executive Director
John Hayes - Non-Executive Director & Chair of the Audit and Risk Committee
Jenny Seabrook - Non-Executive Director and Chair of the People and Performance Committee
Geoff Tomlinson - Non-Executive Director
Andrew Walsh - Executive Director and Chief Executive Officer
Andrew Walsh - Chief Executive Officer
Aaron Knowles - Group Executive (Product)
Andrew Todd - Chief Technology Officer
Coran Lill - Group Executive (Communications and Marketing)
Jason Hoang - Managing Director (Asia)
John Harris - Chief Financial Officer
Julia McNeill - Group Executive (People)
Kirsty Gross - Managing Director (Financial Markets, Australia and New Zealand)
Peter Ferguson - Group General Counsel and Company Secretary
Phil Quin-Conroy - Managing Director (UK)
Ray Pretorius - Managing Director (South Africa)
Simon New - Group Executive (Strategy)
Tizzy Vigilante - Managing Director (Wealth Management - Australia and New Zealand)
The Australian Securities Exchange is Australia's primary securities exchange. It is owned by the Australian Securities Exchange Ltd, or ASX Limited, an Australian public company. Prior to December 2006 it was known as the Australian Stock Exchange, which was formed on 1 April 1987, incorporated under legislation of the Australian Parliament as an amalgamation of the six state securities exchanges. It merged with the Sydney Futures Exchange in 2006.
The Financial Services Authority (FSA) was a quasi-judicial body responsible for the regulation of the financial services industry in the United Kingdom between 2001 and 2013. It was founded as the Securities and Investments Board (SIB) in 1985. Its board was appointed by the Treasury, although it operated independently of government. It was structured as a company limited by guarantee and was funded entirely by fees charged to the financial services industry.
SunGard was an American multinational company based in Wayne, Pennsylvania, which provided software and services to education, financial services, and public sector organizations. It was formed in 1983, as a spin-off of the computer services division of Sun Oil Company. The name of the company originally was an acronym which stood for Sun Guaranteed Access to Recovered Data, a reference to the disaster recovery business it helped pioneer. SunGard was ranked at 480th in the U.S. Fortune 500 list in the year 2012.
Arq Group, formerly known as Melbourne IT Group, is an Australian Internet company listed on the Australian Securities Exchange.
Vicinity Limited, trading as Vicinity Centres (VCX), and previously known as Federation Centres, and Centro Properties Group is an Australian Real Estate Investment Trust (REIT) company specialising in ownership and management of Australian shopping centres. With approximately $6.9 billion of shopping centres under management.
FactSet Research Systems Inc., trading as FactSet, is a financial data and software company headquartered in Norwalk, Connecticut, United States. The company provides integrated data and software. For fiscal year 2019, FactSet's total ASV and professional services revenues were $1.48 billion.
HWW was an Australian-based organisation which supplied television and movies metadata to a broad range of clients across new and traditional media including: online publishers, subscription television providers, IPTV providers, HbbTV providers and print publishers.
QBE Insurance Group Limited is Australia's second largest global insurer after Insurance Australia Group. It provides insurance services mainly to Australia, North America, Europe and Asia Pacific region. In 2018, QBE had 12,452 employees in 31 countries worldwide. As of August 2012, QBE was ranked among the world's top general insurers. QBE had market capitalisation of A$15.63 billion.
Open Telecommunications is a defunct software company supplying the telecommunications industry. The company was founded by Wayne Passlow as a private company in North Sydney, Australia. Open Telecommunications provides products and services that collectively deliver a new generation of telecommunications network infrastructure. The Open Telecommunications infrastructure includes switching products, content and services, and management systems.
Macquarie Group Limited is an Australian multinational independent investment bank and financial services company. Headquartered and listed in Australia, Macquarie employs more than 14,000 staff in 25 countries, is the world's largest infrastructure asset manager and Australia's top ranked mergers and acquisitions adviser, with more than A$495 billion in assets under management. The company's operating groups include Macquarie Asset Management and Macquarie Capital.
Perpetual is an Australian investment and trustee group; providing investment products, financial advice, philanthropic and corporate service to individuals, families, financial advisers and organisations.
First Prudential Markets, commonly known as "FPM" or "FPMarkets" is an Australian-based investment company that provides over-the-counter (OTC) and exchange traded derivative products including direct market access (DMA) Contracts-For-Difference (CFDs), foreign exchange (Forex) and global futures contracts to its retail and professional client base.
BBY Ltd was an Australian stock broking, corporate advisory and asset management firm. Prior to its voluntary administration on 18 May 2015, it claimed to be the largest independent stockbroker in Australia and New Zealand by market share. The group provided financial and advisory services to emerging companies and their investors including corporate finance, research, sales & trading, asset management and broker dealer services.
UXC Ltd is an Australian company owned by DXC Technology, which operates in the IT services industry with over 3,000 employees in the private and public sectors across Australasia. UXC is composed of three distinct internal groups that deliver solutions in various industry segments.
Bluestone Group is a financial services and technology business with offices in the UK and Ireland.
Moody's Analytics is a subsidiary of Moody's Corporation established in 2007 to focus on non-rating activities, separate from Moody's Investors Service. It provides economic research regarding risk, performance and financial modeling, as well as consulting, training and software services. Moody's Analytics is composed of divisions such as Moody's KMV, Moody's Economy.com, Moody's Wall Street Analytics, the Institute of Risk Standards and Qualifications, and Canadian Securities Institute Global Education Inc.
Bellamy's Australia is a major Australian food and beverage company, and is the parent company of Bellamy's Organic, Australia's largest organic infant formula producer.
Domain Group is an Australian digital property portal and associated real-estate industry business. The company was founded by Fairfax Media, when the publisher branded their real-estate sections in print with the Domain brand and first established an online presence in 1999. The company was a wholly owned subsidiary of Fairfax until November 2017, when Domain was listed on the Australian Stock Exchange as a public company, although Fairfax Media retained a 60% ownership of shares.
Somers Limited is an investment holding company based in Hamilton, Bermuda. Its shares are traded on the Bermuda Stock Exchange.
Appen Limited is a publicly traded company listed on the Australian Securities Exchange (ASX) under the code APX.