Sydney/London – GBST, a leading global provider of wealth management and advice solutions technology, has been named to the Global WealthTech 100 list of the world’s most innovative companies for the sixth year in a row.
The WealthTech list recognised GBST for its deep domain expertise and ongoing investment in research and development. Over the last 12 months, the firm has added digital private equity functionality and further pension flexibility to its flagship Composer Software as a Service (SaaS) administration platform and introduced greater automation and AI capability to drive efficiency and consistency. It also upgraded its WealthConnect practice management system and announced a strategic partnership with Wipro to extend its wealth management offering beyond technology to include business processing operations.
The placing also acknowledges GBST’s continued growth, including the acquisition of several new clients and the extension of existing contracts across all business areas.
Robert DeDominicis, Global CEO of GBST, comments: “With a forty year history in financial technology, we understand the need for continued innovation to remain at the forefront of emerging trends. Today, our Composer SaaS platform administers more than 5.5 million investor accounts, representing over AUD $250 billion in assets, helping major financial services brands reduce risk, improve efficiency, and adapt quickly to changing markets. But we’re not resting on our laurels. We’re committed to developing new solutions that improve the experience for providers, advisers and consumers. Alongside ongoing investment in our administration, digital and advice solutions, over the past year we’ve also cemented our strategic partnership with Wipro, introducing a new approach to the wealth management market. However firms choose to work with us, our solutions offer stability and expertise, allowing them to grow with confidence.”
Specialist research firm FinTech Global identifies WealthTech companies delivering innovative technology solution that address key industry challenges, enhance efficiency and reduce costs for clients, while also, demonstrating strong revenue and customer growth. Following an in-depth research process with shortlisted firms, an expert panel carefully selected the top 100 WealthTech innovation leaders.
A full list of the WealthTech100 and detailed information about each company is available to download at www.WealthTech100.com.
Posted in: Wealth Management Administration
