Iress acquires data firm O&M Systems

Fintech buyout

Jenna Brown
clock • 1 min read

Fintech business Iress has acquired pension and investment data provider O&M systems.

O&M, which was established in 1992, also provides comparison tools for financial advisers. The firm has more than 2,000 clients made up of pension and platform providers and advice businesses. O&M software has been integrated directly into Iress' Xplan software and is immediately available to Iress' clients, as well as continuing as a stand-alone research service. Iress UK managing director Phil Quin-Conroy said: "O&M is a strong business with established clients and software that is a strategic addition to our advice software Xplan. Integrating O&M into Xplan will provide advisers wi...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Technology

'Fool's gold' warning as more than half of consumers embrace AI for decision-making

'Fool's gold' warning as more than half of consumers embrace AI for decision-making

AI is increasingly shaping the future of financial services

Laura Miller
clock 17 September 2026 • 2 min read
Can investors with ethical considerations really avoid AI?

Can investors with ethical considerations really avoid AI?

Why it's complicated to avoid AI in investment

Ian Aylward
clock 16 September 2026 • 4 min read
AI models give inaccurate financial advice 57% of the time

AI models give inaccurate financial advice 57% of the time

Could cost users ‘tens of thousands of pounds’

Sophia Panayi
clock 14 September 2026 • 3 min read