Iress has reported a robust first half of 2025, with its UK business delivering double-digit earnings growth and making a significant contribution to the group’s overall performance.
The company said strong demand for its software had driven substantial gains in revenue, earnings and margins, reflecting an intensified focus on client success, delivery and innovation.
On a continuing business basis, adjusted EBITDA in the UK rose 45% to £4.9 million from £3.3 million in the first half of 2024. Revenue was up 6% year-on-year, while margins improved from 12.5% to 17.3%.
Marcus Price, group managing director and chief executive, said: “Iress’ continuing business has delivered a strong performance in the first half, underpinned by solid revenue growth in our Global Trading & Market Data business and continuing positive momentum in the UK.
“As we enter the next phase of our growth strategy, Iress is well placed to capitalise on global growth opportunities – leveraging our core capabilities while selectively investing in new trading and wealth technologies.
“We see significant opportunities in emerging cloud and AI technologies to enhance trading experiences and expand Iress’ wealth tech suite to meet the needs of the millions of people around the world who don’t have access to the financial advice they need.”
The UK arm’s results come alongside a series of strategic developments. Xplan, Iress’ practice management system, strengthened its position as the platform of choice for five of the top eight UK wealth management firms, while the firm renewed and extended its relationship with the intermediary platform Acre.
The company was also ranked the most popular UK advice tech and AI provider by AdviserSoftware.com in its half-year report on adviser technology usage.
A new partnerships programme has been launched to accelerate integrations with selected third-party technologies, including the AI-powered efficiency platform PlannerPal, aimed at delivering immediate benefits to wealth management clients.
Further investment in technology included significant upgrades to Iress’ Sourcing platforms and the launch of an integration with CIExpert, designed to improve efficiency for advisers and brokers.
Alistair Morgan, chief executive for the UK, said: “I am incredibly proud of what the Iress UK team has achieved. Our exceptional results are a direct reflection of our dedication to listening closely to our UK customers, forging deeper strategic partnerships and investing in technology uplifts that empower financial professionals to navigate and lead through industry change.
“These half-year results are another clear signal that we’re heading firmly in the right direction – and we’re not slowing down.”
