The private wealth management service comprises an integrated platform to support the full client experience, from onboarding through to customer relationship management, portfolio management, client reporting and trading, the firm said. 

IRESS’s market data terminals will provide the investment management team with direct market information and Progeny clients will have online access to their investments.

“Our aim is to utilise best of breed technology to support the individual wealth management needs of each of our clients. IRESS’s consultative approach and its ability to provide a complete technology solution for the business have played a crucial role in the early development of Progeny Asset Management,” said Ian Hooper, director of Progeny Asset Management.

“Moreover, the experience of the IRESS team has instilled confidence in us that they will continue to respond to our changing needs by delivering scalable and leading edge technology as we continue to grow, supporting our broader business strategy.”

Progeny Asset Management was launched earlier this month as part of the Progeny Group, which has offices in Leeds and London.