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Glue42 works with Iress to streamline dealer workdflows

Source: Glue42

Glue42, the company that delivers integrated desktop experiences to financial institutions globally, and Iress (IRE.ASX) are teaming up to optimize the user experience of traders and wealth managers using the Iress Order System (IOS+) by automating the workflow between IOS+ and other prevalent applications on the financial desktop.

With actionable information now readily available at their fingertips, users can gain a competitive edge and create a hyper-personalized experience for their own clients.

IOS+ is a complete trading and risk management software solution for global markets. Through the integration with Glue42, Iress users can seamlessly interact with applications such as Microsoft Excel, Microsoft Teams, Bloomberg and Virtu Analytics.

Russell Thornton, Head of Trading Strategy, Iress, said, “Our clients are inundated with information and as we evolve with their needs, it’s imperative that the Iress Order System operates in harmony with other apps on the financial desktop. In isolation there is a limit as to what can be achieved and therefore, enabling Iress to participate in cross-application workflows just made sense.”

“Glue42 helps us stay connected with other systems used by our clients,” he continued. “It’s all about enabling business and technology users to be more efficient and productive. Glue42’s desktop integration platform helps us execute on our vision at scale and in a cost-effective manner. It’s a win-win for everyone.”

As part of the partnership, Glue42 has developed an Iress Connector, a black box built on its enterprise solution that optimizes Iress IOS by speeding up trading workflows and enabling ‘click to sync’, a single-click data synchronization between the Iress platform and other applications.

Common use cases include integration with popular apps on the trading desktop to speed up time to market, allow for greater personalization and increased efficiency, placing critical information at the user’s fingertips.

On the technical side, the Iress Connector enables technology teams to eliminate lengthy point-to-point integration projects. As a result, our clients can implement solutions within a matter of days not months.

The connector follows continued client demand and is available through the Glue42 Appliance Store, a concept that brings pre-packaged business components that support the rapid integration of two or more applications, to the modern trading desktop. The store currently counts 30 connectors across the trading lifecycle that can be paired together to make a myriad of different appliances.

Reena Raichura, Director, Head of Product Solutions, Glue42, said, “Many vendors in the financial industry are going on a digital journey by modernizing and re-shaping their own platforms. Our purpose is to facilitate this process and help vendors connect with other third-party or inhouse applications in a speedy fashion. In doing so, we want to ensure that we eliminate all tech constraints, so our partners are better equipped throughout their digital transformation journey.

“More so, as financial institutions pick best-of-breed applications for their financial desktop platform, we want to ensure fintech vendors have a clear desktop integration strategy, so their applications maintain their relevance in the trading ecosystem,” she continued.

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