Iress appoints former AMP director

In a statement, Iress said it had created the new role of head of corporate development and market infrastructure for Warwick Angus, a former principal for global consulting firm EY and director of corporate development at AMP.

The technology firm said Mr Angus would have responsibility for “driving and delivering the strategy to grow and scale market infrastructure in Australia”, with a focus on embedding the group’s recent acquisition of platform provider OneVue.

“I’m delighted to announce the appointment of Warwick to this critical role,” Iress chief executive Andrew Walsh said.

“Our acquisition of OneVue represents a unique opportunity to combine Iress’ technology footprint with OneVue’s market-leading managed fund admin business.

“Our offering will provide open infrastructure to enable the industry and investors to transact and report seamlessly, improve efficiency and transparency and cost for all participants, and to promote innovation.

“I have been impressed with Warwick’s ability to garner the support of the financial services industry and am pleased to secure his expertise in realising this significant opportunity.”

The news follows the completion of Iress’ purchase of OneVue late last year, which saw key executives including the company’s founder Connie Mckeage step down from day-to-day running of the platform provider.