IRESS (IRE) Shares

ABOUT IRESS

IRESS Ltd. is an Australian software company that specializes in the development of software systems and services for financial markets and wealth management.

It headquarters in Melbourne, Australia and has 1 950 employees. Its software is globally used by over 9 000 businesses and more than 500 000 users.

Peter Dunai, Neil Detering and Hung Do started the company in 1993 as Dunai Financial Systems. In 1997, Bridge Information Systems bought 80% of Dunai and formed BridgeDFS.

In the same year the trading software product ‘Iress Order System (IOS)’ launches, in line with the ASX options market moving from floor to screen to commence electronic trading. In 2001, BridgeDFS changes its name to IRESS Market Technology Ltd.

Over the next couple of years, IRESS Ltd. changed from a predominantly Australian operation, into a global technology business. It bought various companies and continued to evolve and expand to serve multiple client divisions internationally.

OVERVIEW OF IRESS

• IRESS Ltd. is engaged in providing information, order management, trading, compliance, portfolio, wealth management, and related tools. The company’s divisions are Financial Markets-APAC, Wealth Management-ANZ, UK, UK Lending, Canada and South Africa.
• Financial Markets-APAC provides information, compliance, trading, portfolio systems, order management, and related tools to financial markets in Australia, New Zealand and Asia.
• Wealth Management-ANZ provides financial planning systems and related tools to Wealth Management professionals in Australia and New Zealand.
• The UK Lending division operates in the United Kingdom and provides mortgage software and associated consulting services to banks.
• The UK, South Africa and Canada division operates by providing information, compliance, trading, portfolio systems, order management, and related tools to financial markets in the United Kingdom, South Africa and Canada.

VISION & VALUES OF IRESS

• The pursuit of desirability is IRESS Ltd.’s mission. It is a global team of people building software that helps the financial series industry performs at its best.
• Most of the world’s financial services brands, firms of all sizes, challenger banks, investment managers, brokers, traders and insurers use IRESS’s software to help them perform better and deliver more.
• Shareholders who purchase company shares can rest assured of superior value.

MARKET PERFORMANCE OF IRESS

• IRESS Ltd. trades on Australian Securities Exchange (ASX) and lists under the stock symbol IRE. The company is a member of the S&P/ASX 200.
• During the first half of 2019, the group’s revenue records as US Dollar 241.8 million, up 5%.
• Group segment profit is US Dollar 74.1 million, up 10%. Reported NPAT is US Dollar 30.4 million, down 5%. The interim dividend is 16 cents per share, 10% franked.

Buy IRESS stocks / shares – A Step by Step Guide how to Buy / Purchase IRESS Stocks or Shares online.

Before buying any stock or share one has to consider a few factors.

STEP 1: PROPER RESEARCH IS ESSENTIAL

Upon deciding you want to buy IRESS Stocks / Shares, it is critical for the serious investor to do proper research into the said company. Its values should align with those of the investor’s current portfolio. An investor needs to familiarise himself with the basics and history of the company, as well as its leadership and performance in the market. Its company reports should also be scrutinized.

Consultation with a brokerage firm can also assist in determining whether investing in a specific company will complement the investor’s current portfolio. The investment “risk ladder”, which identifies asset classes based on their relative riskiness, is another useful tool when determining which company’s stock / share is the best to buy.

STEP 2: CALCULATE THE AMOUNT OF INVESTMENT IN IRESS STOCKS / SHARES

It is important for an investor to monitor his total investment in stock in order to keep his portfolio aligned to his investment strategy. The overall value of his holdings will change with the fluctuation in stock prices, which can throw his portfolio off balance. To determine the amount to invest, multiply the number of shares of each stock by its current market price to determine the total investment in that specific stock. For example, if you own 100 shares of a US Dollar 5 stock, multiply 100 by US Dollar 5 to get US Dollar 500.

STEP 3: DECIDE ON THE STOCK / SHARE ORDER TYPE

Investors can choose from a market order, a limit order, a stop order (also referred to as a stop-loss order) or a buy/sell stop order. It is important to familiarise yourself with each type’s pros and cons before deciding which one will suit your current stock profile best. An investor should be guided in this choice by his investment objective.

STEP 4: OPEN A BROKERAGE ACCOUNT

A brokerage account – also known as taxable investment account – is similar to a retirement account, but more flexible. Where a retirement account has limitations on the amount of money that can be contributed annually, and restrictions on when funds can be withdrawn, a brokerage account is more flexible. The latter has no income or contribution limit and the investor can withdraw his money at any given time. This flexibility, together with its potential investment gains, makes a brokerage account more attractive to serious investors. Brokerage accounts are ideal for goals or savings that are further than five years away, but closer than retirement. It can also supplement an investor’s emergency savings.

STEP 5: COMMIT AND PURCHASE IRESS STOCKS / SHARES

Lastly, commit to the stock. Pro Tip: Monitor the value of your stock to ensure you have a growing stock value and dividend pay-out.  Regularly check the share price online to ensure your investment delivers a positive return on investment. You are now a proud owner of IRESS stocks / shares.

5 Questions to ask yourself before purchasing any stocks or shares.

1. Is it the best time to buy this stock / share?
2. Should I buy IRESS stocks / shares in the current economic climate?
3. Can I afford to buy this stock / share?
4. What is the forecast of the stock / share growth?
5. What is the current price per earning ration on the stock / share?