Iress at present has introduced the signing of a three-year extension of settlement with Depend Restricted as supplier of alternative for its recommendation know-how. The settlement reaffirms Depend’s dedication to Iress’ recommendation software program Xplan to energy its monetary recommendation enterprise, extending using Xplan throughout its wealth administration division to assist the substantial progress of its enterprise.
Depend is one in every of Australia’s main networks of built-in accounting and wealth companies companies, with over 550 advisers servicing roughly 130,000 purchasers throughout the nation following its latest strategic acquisition of Diverger Restricted. Depend has been an Xplan consumer since 2011, and in reviewing its know-how ecosystem needed to make sure it was partnering with the precise supplier to assist its progress ambitions in a scalable and dependable means, whereas driving the highest-possible ranges of effectivity.
Xplan was re-selected primarily based on its depth, effectivity and productiveness. Moreover, Iress will even be working in partnership with Depend with the supply {of professional} growth packages and occasions to extend the effectivity and effectiveness of Depend advisers.
Iress’ Government Common Supervisor, Wealth APAC, Kelli Willmer, stated, “We’re proud to increase and develop the connection we’ve constructed with Depend over greater than a decade. Depend has sturdy progress ambitions, and we’re delighted to supply the recommendation know-how infrastructure to assist this.
“We’re additionally happy to work with Depend on optimising their use of know-how to drive effectivity and profitability for his or her advisers. We look ahead to persevering with to work intently with key clients like Depend to evolve our software program and repair choices, empowering them to ship an distinctive expertise for his or her advisers and purchasers.”
Depend’s Group Head of Recommendation, Andrew Kennedy stated, “Depend is Australia’s main supplier of built-in accounting and wealth companies, one thing we will solely obtain and ship with the precise processes, infrastructure and know-how accomplice.
“Xplan has been our consumer servicing hub of alternative for a few years to make sure our community of monetary advisers are supported with essentially the most highly effective, environment friendly and safe instruments out there. We all know that with Xplan, we will proceed to develop at scale and with effectivity whereas Iress as our accomplice will proceed to pay attention and enhance the product to match our wants.”