Iress buys content provider Innergi

Company News

Iress Limited (ASX:IRE) has acquired personal finance content provider Innergi for an undisclosed sum.
 
The financial markets software company says Innergi is based in Australia and builds linkages between funds and financial advisors and their clients through relevant content.
 
Innergi’s Managing Director Robert Skinner will move over to Iress along with the rest of his team from the 1st of July.
 
The company says it will integrate Innergi’s content into its XPLAN system from August.
 
Managing Director, Wealth Management Australia and New Zealand, Tizzy Vigilante says demand for financial content will continue to grow. 
 
Iress reported a net profit of $50.7 million in the 2014 calendar year.

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