IRESS

Adviser software provider Intelliflo has appointed David Child as a non executive director.

The Office of Fair Trading (OFT) is expected to reach its conclusion on whether the merger of Australian data and software provider IRESS with technology provider Avelo would hinder competition in the market in February.

The Office of Fair Trading (OFT) is investigating whether the merger of adviser technology provider Avelo and Australian data and software provider IRESS is hindering competition in the market.

Avelo's business development director Paul Yates has stepped down after four years in the role following the firm's acquisition by technology provider Iress.

Australian data and software provider IRESS is set to acquire adviser technology provider Avelo for £210m.

Towry has taken on Iress's Xplan business software solution to manage client data in its back office.

Sesame is to raise its standard fixed fee for the second time in a year following a "multi-million pound" technology investment.

Software firm IRESS is launching a cashflow modelling tool, as part of an expansion of its wealth platform.

Sesame Bankhall Group has begun rolling out a new advice platform to its member firms.

Network and support service provider Sesame Bankhall Group (SBG) has said a large number of its 2,800 member firms are considering a 'hybrid' practice - offering both independent and restricted advice.