UK-based wealth advisory firm Towry has signed a contract with financial technology firm IRESS to provide financial planning software and a client relationship management system.

The Australia-headquartered firm’s XPLAN software will support Towry’s business across its 18 offices, Towry said in a statement. It will deploy IRESS’ XTOOLS+ functionality in stages throughout this year, with the first stage including lifetime cash flow modelling software. The CRM functionality will be brought into Towry later in the year.

Formerly known as Towry Law, the wealth manager oversaw around £4.6 billion ($6.96 billion) of client assets at 30 June last year, the latest date for which official figures are available.