IRESS today announced specialist investment manager Acorn Capital has selected the IRESS Portfolio System (IPS) as it seeks greater efficiencies.
Acorn Capital is a boutique investment manager founded in 1998.
IRESS will provide IPS to support Acorn Capital as it continues to strengthen and grow its presence in the Australian market.
IRESS Managing Director of Financial Markets for Australia and New Zealand, Kirsty Gross, said it was pleasing to expand IRESS’ relationship with Acorn Capital in this way.
“Acorn Capital’s extension of its existing IRESS relationship reflects our strategy of providing a range of services to Australian fund managers. It highlights a growing trend for fund managers to choose solutions that are integrated, deliver business efficiency and meet compliance needs.”
Acorn Capital’s Chief Operating Officer, Douglas Loh, said the selection of IRESS to provide portfolio management systems was a logical step for Acorn Capital.
“We are very pleased to expand our relationship with IRESS. We selected IRESS because of its integrated portfolio management and trading capability, strong compliance focus and dedicated local support.”