GBST provides global technology services to the financial services industry.
As part of its growth strategy GBST has acquired a number of companies including Coexis in December 2008 who provide next generation solutions for global capital markets and institutional broking through the Syn
platform. Syn solutions process equities, derivatives, fixed income and managed funds transactions.
InfoComp, now GBST's Wealth Management division, was acquired in August 2007 and is the leading specialist provider of software for wealth management and client registry in Australia, and increasingly, the United Kingdom.
Palion, Australia's foremost derivatives trading and client accounting technology, was acquired in December 2005.
GBST was listed on the Australian Securities Exchange in June 2005.
We have a strong track record of innovation and growth. Since establishment in 1983, GBST has achieved numerous milestones and market firsts, including:
- Launch of GBST's breakthrough securities transaction system, GBST Shares™
- Development of the first client system to be aligned with the ASX's central depository and clearing system, CHESS playing a central role in enabling brokers and dealers to meet the T+3 settlement cycle.
- Launch of margin lending services using GBST's Margin Lending™ System.
- Assisting the entry of Australia's first correspondent clearer into the market, using the GBST Shares™ clearing platform.
- Adoption by an Australian retail bank of GBST's Cash Management Interface™ to automate settlement of CMT accounts with stockbrokers.
- Playing a key role when the ASX launched its World Link Service and Shares Global™ was selected as the market-wide solution to facilitate offshore trading between those markets.
- Selection of Shares Global™ by one of the world's leading global execution specialists to support its new venture in the Hong Kong market.
- Launch of a third party clearing service by one of the world's largest investment banks, using the Shares™ platform to service international investment bank clients.
