Towry has taken on Iress's Xplan business software solution to manage client data in its back office.
The solution is expected to go live in stages throughout the year and will support its business across its 18 offices worldwide.
In the second quarter, Towry will implement the Xtools component of Xplan which will support core services for Towry, including strategic lifetime cashflow modelling.
The remaining focus during 2013 will be to put Towry's proprietary knowledge into the system.
David Percy, Towry's chief operating officer, said: "Towry's technology replacement project was motivated by a need to future proof its advice preparation and client data management capabilities."
‘Important to have an anchor’
Lack of innovation for solutions
Some 2,000 consumers affected
Achievements, charity work and other happy snippets