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The latest update is out from IRESS Limited ( (AU:IRE) ).
Iress has entered a strategic partnership with global technology consultancy Thoughtworks to accelerate the modernisation of its core wealth management platforms and embed AI capabilities across its software suite. The collaboration combines Iress’ market expertise and product IP with Thoughtworks’ strengths in technology advisory, engineering, cloud and AI to drive faster innovation and more scalable, client-focused solutions.
The initiative targets four areas: operational excellence, client-led product innovation, targeted modular platform modernisation and data- and AI-driven value creation, initially centred on the Xplan platform. Iress expects the partnership to improve delivery speed, reduce complexity and cost to serve, and enhance its ability to help wealth providers boost adviser productivity and compete in a rapidly evolving, regulation-heavy market, with client benefits anticipated from the second half of 2026.
The most recent analyst rating on (AU:IRE) stock is a Buy with a A$11.52 price target. To see the full list of analyst forecasts on IRESS Limited stock, see the AU:IRE Stock Forecast page.
More about IRESS Limited
Iress Limited is an Australian-based financial technology company that provides software platforms and data solutions to wealth managers, financial advisers and other financial services providers. Its flagship products, including the Xplan advice platform, focus on supporting complex, highly regulated wealth management environments with scalable, client-centric tools.
Average Trading Volume: 1,036,341
Technical Sentiment Signal: Sell
Current Market Cap: A$1.24B
For an in-depth examination of IRE stock, go to TipRanks’ Overview page.