01 October 2018
IRESS and Alliance News Limited have announced the launch of the Alliance News South Africa service – “Alliance News SA”. The service will be available exclusively for IRESS clients and users.
Since its formation in 2013, Alliance News has quickly become an established newswire within the United Kingdom (UK) and Italian equities markets. Alliance News has recently extended its services to South Africa, providing real-time news on JSE-listed companies, markets and the economy.
Alliance News SA is complemented with the inclusion of international political and economic news from partners dpa-AFX of Germany and the Press Association of the UK.
Using a combination of journalists based in the UK as well as on the ground in South Africa, Alliance News SA offers a 24-hour service designed to keep brokers and financial advisers up to date and informed with coverage of all Johannesburg Stock Exchange listed companies, as well as economic, fixed income and local currency commentary.
Tom Waite, Editor and Chief Executive of Alliance News comments “Alliance News SA represents a natural step for Alliance News following our success in London and Milan where we built up a reputation for for speed, consistency and quality.
“We have been covering the South African dual-listed stocks successfully for a number of years, so this is natural progression to cover all listed companies. The South African financial market has similar characteristics to the UK and Italy, with a strong set of home-grown companies as well as a keen interest in global investing.”
Ray Pretorius, Managing Director, IRESS explains: “We know that access to timely, credible information is critical for our clients to make informed, real-time decisions, which is why we’ve enhanced the market news solution we offer within our IRESS solutions. We’re delighted to partner with Alliance News SA to exclusively bring their depth of comprehensive local and global market coverage to IRESS clients and users.
This unique newswire enhances the breadth of services available to IRESS clients and complements the available value added features.”