A round of management changes at IRESS sees the departure of its Sydney-based global head of financial markets along with its chief operating officer.

The Australian headquartered supplier of technology solutions to wealth managers and other financial service providers issued a statement to the Australian Stock Exchange detailing the leadership moves. 

As part of a global strategy to drive continued growth and ensure alignment to its long-term goals, Matthew Rady will leave the technology company at the close of September. The role of group executive - financial markets is being dissolved.

The position of group executive, wealth management, currently held by IRESS chief executive Andrew Walsh, has also been removed. Walsh however will remain as chief executive.

International Moves

The restructure also marks the exit of chief operating officer Steve Barnes at the end of September with operational responsibilities being absorbed by chief technology officer Andrew Todd.

Internationally, the managing director of IRESS' Canadian business, Glenn Wilson, will relocate to Britain to lead the Wealth & Trading business. He will be replaced by Mike Lynds who is currently executive vice president business development in Canada.

Sydney-based group executive - product Aaron Knowles will also relocate to the U. K. at the end of the year to provide additional on-the-ground support.