TORONTO, May 1, 2017 /CNW/ - Financial technology provider IRESS today announced that Echelon Wealth Partners Inc. has successfully implemented IRESS' integrated wealth technology platform to support Echelon's robust growth plans.
Echelon is a leading Canadian independent wealth management and capital markets firm with more than $4 billion in assets under administration and management. Echelon chose IRESS following a review process undertaken in 2016.
The unified technology platform will help Echelon to meet its needs across client portal, portfolio management, trading and market data, client engagement and reporting. The complete IRESS wealth management solution incorporates integrations with Broadridge Dataphile through Fidelity Clearing.
IRESS' managing director of Canada Glenn Wilson said: "Echelon reflects a growing trend for integrated, retail financial services businesses to seek a unified technology solution to better meet business, compliance and user needs and achieve efficiency as participants see more regulation impacting advisor efficiency.
"With IRESS, Echelon will leverage a single comprehensive technology solution to realize its growth plans. The solution standardizes processes, removes manual workarounds for advisors, improves its cost-to-income-ratio and creates a seamless, engaging client experience."
Echelon Wealth Partners' Chief Information Officer Mo Hirani, explains, "The wealth management space continues to evolve and become more sophisticated. Echelon is among the leaders in this space and we wanted to ensure we provided our advisors with the most comprehensive solution to meet those needs. In selecting and implementing IRESS' PWM platform, we're confident we've chosen a robust and extendible platform that will meet the needs of our advisors now and for years to come."
Echelon and IRESS are now working to further expand and integrate the solution platform to broaden the compelling offering to advisors across Canada.
IRESS is a principal supplier of wealth management, mortgage and financial markets systems in Canada, Australia, Asia, New Zealand, South Africa and the United Kingdom.
All product streams support a diverse range of roles and offer front, middle and back-office functionality for clients that range from financial service institutions through to independent operators.
IRESS is a progressive, service-based organization that employs more than 1800 staff globally, with local knowledge and industry experience.
IRESS strives for excellence in relationships with clients and industry bodies alike. IRESS is client-driven, responsive and promotes a culture that supports working with customers and the industry to face challenges and keep pace with industry developments.
About Echelon Wealth Partners
Echelon Wealth Partners Inc. is a Canadian independent wealth management and capital markets firm known for its client-centered approach and innovative, entrepreneurial spirit. The company has approximately 100 Advisors and Portfolio Managers (representing 70 teams) with over $4 billion in assets under administration and management. Echelon offers a wide range of financial services for individuals, households, institutions and corporate clients from its offices in Toronto, Oakville, Ottawa, London, Montreal, Saskatoon, Calgary, Vancouver, Victoria and Tokyo. Echelon Wealth Partners is a member firm of the Investment Industry Regulatory Organization of Canada (IIROC) and a member of the Canadian Investor Protection Fund (CIPF). www.echelonpartners.com
SOURCE IRESS Market Technology Canada LP
For further information: For journalists: Debra Knott, IRESS, Telephone: +44 (0)1926 621 410 or Mobile : +44 (0)7796 271 584, [email protected]