Fintech Iress is to sell its Pulse portfolio management software to SecuritEase Holdings UK Limited, part of New Zealand-based SecuritEase group.

A new adviser CRM has been launched to challenge the likes of established CRM firms such as Intelliflo, IRESS and Time4Advice.

Fintech Iress is to axe 10% of jobs globally in a major shake-up for the business which says the move will help increase efficiency. 

Fintech and back office system provider Iress said it is committed to maintaining its presence in the UK, despite recent media reports that suggested otherwise.