Research house Lonsec has announced the iRate technology has now been fully brought on board from the liquidator of van Eyk.
In a statement, Lonsec said iRate clients would have continuity of service and now have access to the suite of Lonsec research.
Lonsec Fiscal joint CEO Amanda Gillespie said the company was excited to have acquired iRate.
“Lonsec has long had a compelling investment research offering and we are excited to now couple this with market leading portfolio construction advice and client reporting tools,” she said.
According to the statement, iRate is used by around 2,800 advisers, including many working under large licensees and a number of “IFAs”.
Ms Gillespie praised the software’s flexibility and usability.
“Efficient access to research and reports, along with simple but powerful tools, are the keys to adviser satisfaction,” she said.
“Quality research remains a given but how it is delivered and the degree to which it can assist client engagement are now just as important.
“iRate covers all of these bases.”
The move will support the business’ growth in the local market.
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