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

Could Iress private equity sale finally shake up the back-office world?

Could Iress private equity sale finally shake up the back-office world?

‘Even if IFAs had the budgets, there is a huge amount of inertia at play here’

Justin Cash
clock 12 September 2025 • 5 min read
I know a man who can: Advisers urged to adopt consumer signposting tool

I know a man who can: Advisers urged to adopt consumer signposting tool

Answer to enquiries from prospective clients’ advisers can’t help

Jenna Brown
clock 10 September 2025 • 2 min read
FCA: No plans for 'extra' AI regulations

FCA: No plans for 'extra' AI regulations

‘We will rely on existing frameworks’

Eve Maddock-Jones
clock 10 September 2025 • 2 min read