Iress launches market intel platform, FundsFlow | Australian Markets

Financial companies technology company, Iress has launched what it’s describing as a first of its variety market intelligence platform offering consolidated viewing of investment flows and trends throughout the retail investment management industry.

The new platform, Iress FundsFlow is claimed to seize more than $130 billion of annual transaction information throughout 10,000 distinctive investments to supply insights into investment product trends, fund supervisor competitiveness and investor preferences and behavior.

Iress stated the platform extracts and transforms choose information units in Xplan in a bottom-up method, utilizing 60 months of historic information to combination and analyse portfolio transactions throughout managed funds, ETFs, SMA and direct equities.

Commenting on the platform launch, Iress Chief Product Officer – Data, Simon Karaban stated that over a few years as Australia’s main advice platform supplier, the company had garnered an unparalleled dataset reflecting trends and behaviours.

“We identified a real gap in the market, with existing market intelligence solutions often relying on stale, incomplete and fragmented datasets when it comes to retail wealth flows, resulting in heavy reliance on surveys and anecdotal evidence,” he stated.

“Iress FundsFlow represents the dynamics of the entire investment management ecosystem in a single place. We designed FundsFlow to provide investment product issuers and distributors a well timed and consolidated view of investment flows, empowering them to shortly adapt to shifting market circumstances and competitor dynamics with more solutions, and fewer lingering questions.

“We’ve partnered with Quantium, the leading data analytics and AI company, to deliver FundsFlow, bringing critical and complementary capabilities to our solution, while enabling us to continue evolving FundsFlow with sophisticated analytics, insights and predictive capabilities.”