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GBST Digital completes annual legislative updates for seamless client transition into the new financial year

Posted in: calculators and tools, Wealth Management Administration
Published: 14/07/2021


At a time of year that generally involves last-minute erratic turmoil to ensure EOFY reporting is up to date, along with checking that all software, digital tools, and calculators are still compliant with the latest regulations, clients using GBST’s Equate tools and calculators benefitted from automatic updates being seamlessly implemented, following the release of state and federal budget changes.
 

Rob DeDominicis, CEO at GBST, explains, “As part of our client commitment, we continuously monitor legislation updates published. These are actioned by our in-house development team and incorporated into the product, and then applied automatically to our clients in real-time.” 

Brianna Dobing, Digital Manager at GBST, said, “We are delighted to be able to help relieve the stress felt by many of our clients at this time of year. Not only are they submerged in trying to tie up their own financial year loose ends, but they also need to ensure their customers have the most up-to-date tools and calculators to make informed financial decisions utilising the most reliable data available. 

“Our Stamp Duty, Retirement Adequacy, Insurance Needs, Super Contribution Maximiser, and Income Tax calculators have all been updated following the latest budget announcements. In addition to these updates going live on July 1, we also made several further improvements to the process we utilise to test legislative updates. By integrating the calculator prototypes with their engines and running automated test cases, we gain increased confidence in development and simultaneously reduce our internal testing time, allowing us greater efficiency in client delivery.” 

The GBST Digital team works with financial services clients worldwide to improve brand reputation, build brand advocacy, and enhance online customer journeys, engagement, and drive acquisition. GBST’s customer experience experts create bespoke digital solutions for financial institutions from calculators to portals, apps, content management systems, and more. 

 

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