Iress has reported double-digit growth in its UK division in H1, which the software firm said had significantly contributed to its overall performance.
The company posted a 45% jump in earnings in its UK business to £4.9m, up from £3.3m in H1 2024.
Iress, which provides software to the financial services sector, also increased its revenue by 6% compared to the same period last year, while its margin grew from 12.5% to 17.3%.
The firm that driven by strong demand for its software in the UK, the figures had underlined Iress’ “sharpened focus” on client success, delivery and innovation.
“Iress’ continuing business has delivered a strong performance in the first half, underpinned by solid revenue growth in our global trading and market data business and continuing positive momentum in the UK,” said managing director and CEO at Iress, Marcus Price.
“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.”
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