IRESS Wednesday announced the release of its Private Wealth Management (PWM) software platform in Canada, building on the Melbourne, Australia-based company’s long-standing presence as a supplier of market data and equity trading services

The launch into North America further extends the global coverage of the solution, already widely deployed in Australia, New Zealand, South Africa, Asia and the United Kingdom.

“As already demonstrated in other regions, IRESS Private Wealth Management has proven to effectively meet the key challenges facing today’s wealth management professionals,” says Michael Harrison, VP of sales for IRESS Canada.

IRESS says financial and investment advisors can use its platform to: manage client contacts, relationships and sales campaigns; monitor Canadian and international markets in real time; model, compare and contrast client portfolios; build client engagement online by sharing information; generate single and bulk orders; and configure compliance rules and alerts.

Jim Davies, president and CEO of IRESS Canada, says it’s a good time to launch the platform in Canada. “We believe that this is an opportune time to bring this solution to Canada as firms adapt to new regulatory frameworks. Advisors and their clients can now interact to develop the right investment strategies with a completely new level of ease, transparency and confidence.”