Avelo to rebrand

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Following the acquisition of Avelo by IRESS in September, IRESS is to bring Avelo under the IRESS brand from the 1st of November.

IRESS said the move demonstrates recognition that the requirements of regulated markets such as financial services are increasingly global, and learnings across the world can be shared to the benefit of IRESS' clients globally.

As a single, integrated entity, IRESS' technology solutions now stretch from; capital markets information, order management and routing, through wealth management sourcing and advice and practice management technology, to mortgage sourcing and complete sales and origination, across the full spectrum of clients and their needs.

Andrew Walsh, IRESS CEO said: "The financial services industry is going through a period of re-invention spurred on by three drivers: consumer demand for greater transparency and value, increasing globalisation, and the on-demand revolution which is changing the way we behave and access financial advice and products.

"The integration of Avelo in to IRESS is progressing well, with the companies now united under a single brand, and enabling us to focus our combined strengths behind a clear strategic vision and ultimately, address the evolving needs of customers with the best solutions and service."

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