Work Here?
Overview
Iress builds software for the financial services industry that is used by more than 10,000 businesses and half a million people around the world. Its products support core activities such as trading, risk management, wealth, and client advice via a centralized platform that firms use to run daily operations. It stands out through its large global footprint and end-to-end software that serves both major brands and smaller firms on a single platform. The goal is to help the financial services industry perform at its best by making operations smoother, faster, and more effective for firms and their clients.
About Iress
Industries
Data & Analytics
Enterprise Software
Financial Services
Company Size
1,001-5,000
Company Stage
N/A
Total Funding
$3.9M
Headquarters
Melbourne, Australia
Founded
1993
Get referred to Iress
See people who can refer or advise you
Simplify's Take
What believers are saying
- 1H26 cash EBITDA jumped 47.1% to $62.5 million on efficiency gains.
- Annualized savings reached $31.5 million, with another $6-$9 million due in 2H26.
- RBC Brewin Dolphin went live on Xplan, while Fairstone renewed for three years.
What critics are saying
- FY26 guidance fell because UK non-recurring revenue dropped after large-client project completion.
- CFO Cameron Williamson leaves in November 2026, complicating execution during product transition.
- If Xplan upgrades slip, FNZ and SS&C seize UK wealth share by FY27.
What makes Iress unique
- Recurring revenue reached 95% in 1H26, making Iress unusually subscription-heavy.
- Xplan serves five of the UK's eight largest wealth managers by AUM.
- Wealth and Trading software creates sticky integrations across advice, administration, and market data.
Help us improve and share your feedback! Did you find this helpful?
Funding
Total Funding
$3.9M
Above
Industry Average
Funded Over
0 Rounds
Benefits
Health Insurance
Unlimited Paid Time Off
Parental Leave
Hybrid Work Options
Training Programs
Gym Membership
Company News
IRESS Ltd reported strong recurring revenue growth of 3.4% on a constant currency basis in the first half of 2026, now representing 95% of continuing business revenue. The financial technology firm's cash EBITDA surged 47.1% to $62.5 million, with margins expanding more than 740 basis points to 24.5%. The company's business efficiency programme delivered $31.5 million in annualised efficiencies, exceeding targets, with a further $6 million to $9 million expected in the second half. IRESS declared an interim dividend of $0.14 per share, up 27% from the previous period. However, the company lowered its FY26 revenue growth guidance to 1-2% from the previous 3-5% range, primarily due to declining non-recurring revenue in the UK. Leverage improved to 0.5 times as of 30 June. The firm expects FY26 constant currency revenue of $509 million to $515 million and cash EBITDA of $121 million to $126 million.
Iress is Hiring for 6 Jobs on Simplify!
Find jobs on Simplify and start your career today
About Iress
Industries
Data & Analytics
Enterprise Software
Financial Services
Company Size
1,001-5,000
Company Stage
N/A
Total Funding
$3.9M
Headquarters
Melbourne, Australia
Founded
1993
Iress is Hiring for 6 Jobs on Simplify!
Find jobs on Simplify and start your career today