Bain Capital completes deals to acquire Finova and Iress’ UK mortgages business
Under BCTO’s ownership, the two entities will merge to become a single combined business.
Iress
Aussie financial software firm Iress to cut 10% of staff amid business restructure
The cuts come as the company looks to form “a more efficient and focused organisational structure”, Iress says.
Iress integrates with Knowledge Bank’s mortgage criteria search engine
Brokers will be able to access lender criteria all in one place.
TSB selects Iress Lender Connect to boost brokerage
Iress calls the deal the first it has signed with a “top tier” bank
Iress gains MSO deal from Principality Building Society
The Society was looking for new technology for its mortgages.
Sova Capital picks Iress for wealth management middle-office
Iress will also provide post-trade processing services.
ASX to sell $385m stake in tech provider Iress
“It no longer provides the strategic value to ASX that it once did.”
Xinja still tapping Iress for home loans
Australian challenger seeking that fully digital loan process.
TSB picks Iress for mortgage tech upgrade
TSB has chosen Iress’ mortgage sales and originations (MSO) solution – with the first deployment due to be rolled out to TSB’s intermediary channel in the summer. Branch, telephony and digital will follow in a phased rollout at unspecified times. Ian Ramsden, mortgages director, TSB, says Iress is a “natural fit to support our technology […]
M&A round-up: 15 September 2016
Welcome to the world of mergers and acquisitions – and our mission to provide a quick round-up. Ant Financial, Alibaba’s payments arm, has bought Missouri-based EyeVerify, a biometric security technology company. The big deal here is that its tech is used by Wells Fargo – and regional banks and credit unions in the US. Also, […]
Iress acquires retail trading business from London Stock Exchange
The London Stock Exchange has sold its Proquote market data and retail trading services business to Australian financial technology specialist Iress, which is expanding its capital markets and funds operations in the UK.
