Peresys this month announced the release in South Africa of Iress EMS, an execution management system for professional fund and asset managers across all asset classes.
IRESS EMS is developed by Peresys' parent company IRESS and provides convenient centralised support with automated version management, delivered via a rich streaming web-based interface.
The solution is FIX-Protocol compliant and delivers access to virtually all SA brokers across multiple asset classes through the Peresys connected trading community.
By upgrading from Perfix Trader to IRESS EMS, existing Peresys clients will benefit from new features such as a technical analysis-charting package, real-time data feeds and over ten years worth of historical market data.
"The launch of IRESS EMS underscores our commitment to leverage the IRESS product range, alongside Peresys products, for delivery to clients on the African continent based on demand and opportunity", says Peresys CEO Ashley Mendelowitz.
According to Mendelowitz, IRESS EMS is ideally suited to the needs of both traditional long only desks as well as hedge fund traders. The product is offered as a managed service that minimises the internal infrastructure investment that customers would typically have to make. This is a template Peresys has begun to successfully set in motion over the past year in Southern Africa.
IRESS EMS has full access to the Peresys FIX hub and is bundled with appropriate service levels.
"Peresys customers can look forward to further IRESS products being launched in the coming months," concludes Mendelowitz.