Iress (ASX:IRE) acquires BC Gateways - Sequoia Direct Pty Ltd

07JanJanuary 7, 2020

Iress (ASX:IRE) acquires BC Gateways

Iress (ASX:IRE) today announced it has acquired blockchain communication platform provider, BC Gateways.

BC Gateways’ blockchain platform allows data to be published and distributed in a timely, accurate and auditable way using a ‘shared source of truth’.

BC Gateways currently has an initial focus on helping Australian financial institutions share large volumes of pricing, tax and regulatory data across the investment management value chain.

Shares in Iress (ASX:IRE) closed 1.6 per cent lower yesterday at $13.33.

Copyright 2020 – Finance News Network

Source: Finance News Network

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