27 March, London – GBST has secured a recognised supplier certification confirming it meets the high standards for risk, compliance and security required by major financial services organisations.
The wealth management technology provider has achieved full registration on the Financial Services Qualification System (FSQS). This accreditation demonstrates that GBST has undergone a comprehensive evaluation, ensuring they meet stringent requirements for risk management, data security, resilience and financial stability. It provides an independent assessment of suppliers, giving financial institutions confidence in how third-party risk is managed. It also supports ongoing monitoring of suppliers through a consistent, industry-wide approach.
FSQS is used by major banks, financial institutions, and insurance companies to streamline the procurement process and ensure suppliers meet the high standards required by the industry.
This accreditation further demonstrates GBST’s ability to support financial services clients, providing assurance that it meets the requirements to operate within highly regulated environments. It also simplifies supplier due diligence for organisations using the FSQS framework.
Isabel Sanchez, Chief Technology Operations Officer at GBST, said:
“Achieving FSQS registration is an important validation of our approach. It provides independent evidence of our commitment to operating to the highest levels expected by the financial services industry and reinforces the trust our clients place in us as a secure and reliable partner. Maintaining robust governance and security standards is central to GBST’s operations and we will continue to invest in our risk, compliance and security capabilities to support clients in an evolving regulatory landscape.”
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