Iress is pleased to announce today that Airlie Funds Management has implemented the Iress Portfolio System (IPS) as the basis of its middle and front office funds management and execution requirements.
Airlie Funds Management is the newly formed boutique investment management firm headed by former head of equities at Perpetual, John Sevior and former Treasury Group Managing Director, David Cooper.
Sam Marshall, Manager of Wholesale Portfolio Products, IRESS, said, "IRESS has long standing relationships with the Airlie principals and is pleased to welcome the new manager onboard."
"We worked closely with Airlie throughout the implementation to deliver an integrated order management and settlement solution combined with rich portfolio management features. IPS' tax analysis capabilities were also important in support of the increasing client requests to consider tax as part of the investment process."
Airlie's Managing Director David Cooper said, "Given our past relationship with IRESS, it was a simple decision. IRESS is a leader in investment technology and we know from experience they deliver the service and support we need for our business."