NEWS

Media Release: 14 February 2012, South Africa

IRESS DEPLOYS RETAIL PRODUCT SUITE IN SOUTH AFRICA

 MANAGED ONLINE SERVICES OFFERING

MULTI-ASSET CLASS MARKET DATA AND TRADING

IRESS is pleased to announce the successful deployment of IRESS Trader, IRESS Investor and IRESS Mobile to its customer base in South Africa as part of its locally hosted managed services.

"We are excited to be growing Peresys’ existing suite of trading products in South Africa with IRESS’ retail trading products. This delivery has leveraged existing IRESS products tailored for the local market through Peresys’ strong local expertise and infrastructure," said IRESS Managing Director, Andrew Walsh. 

IRESS Trader is a feature-rich streaming application for trading multiple local and international asset classes supporting both on exchange and OTC product providers. IRESS Trader’s extensive market data, aggregated news, charting and real-time portfolios represent an advanced product which through a managed services delivery model achieves a competitive price in the South African market. 

IRESS Investor is an advanced web-based solution that offers similar trading functionality with streaming and snapshot data updates. The browser-based product, designed to be tablet friendly, is suited to the growing number of online investors and mobile professionals in the region. 

IRESS Mobile offers iPhone and iPad applications for the mobile professional and investor featuring market data and soon trading. Available currently from the Apple iTunes store, these applications can also be white-labelled to uniquely reflect broker branding. 

Ashley Mendelowitz, Peresys Managing Director said, “The IRESS retail product range supplements existing products offered by Peresys extending our trading, market data and portfolio reach into the retail segment." Mendelowitz adds that, "the response to our product initiatives has been very positive and we will continue to expand accessibility to markets along with front-end options for professional and retail investors through our African clients."

IRESS Trader and Investor are available as configurable and white-labelled solutions to African brokers, integrating to existing trading, admin and reporting systems as well as embedding broker proprietary research and information portals. This flexibility is a key differentiator as IRESS and Peresys continue to provide world-class applications to the South African Market, enabling customers to position themselves at the forefront of trading technology.

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