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...

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