IRESS Ltd (ASX:IRE)
A$ 9.96 0.01 (0.1%) Market Cap: 1.86 Bil Enterprise Value: 2.20 Bil PE Ratio: 107.10 PB Ratio: 6.27 GF Score: 73/100

Iress Ltd and OneVue Acquisition Strategy Update Transcript

Nov 25, 2020 / 01:00AM GMT
Release Date Price: A$10.46 (+3.05%)
Andrew Leslie Walsh
IRESS Limited - MD, CEO & Director

Thanks for joining us today, and welcome to the call. I'm joined today by John Harris, our CFO. I'll start today's presentation by giving a short overview, and then we can open for questions. We released a presentation on the ASX last night that I will refer to in this call. The presentation is designed to give you a better understanding of a key aspect of our strategy for OneVue, and why we're excited about the acquisition.

I'm not covering areas of existing organic growth from the OneVue business, including growth in managed funds or super at this time. But instead, what I want to present in some more detail is our vision for end-to-end investment in technology infrastructure in Australia.

I'm also not going to speak on current trading today, although our recent guidance for the year is intact. The acquisition of OneVue is about delivering Investment Infrastructure as a Service. With OneVue, we'll be able to offer clients seamless end-to-end and highly efficient investment infrastructure, something that doesn't currently

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