GBST, a leading Australian provider of tax analysis and tax data solutions, and Eagle Investment Systems LLC, a BNY Mellon company and leading provider of financial services technology, announced today a strategic alliance that will enable Eagle’s Australian clients to utilise GBST’s best-in-class tax-reporting capabilities.
Australia’s superannuation funds and investment trusts face complex and dynamic capital-gains tax regulations. Through this alliance, GBST and Eagle can provide an enhanced solution to meet these needs. This will help to streamline the tax reporting process and also help clients to accommodate future legislative changes.
“By aligning with local-market experts, we can help resolve some of the pain points that Australian investors face,” said Joel Kornblum, Global Head of Strategic Alliances for Eagle. “We’re excited to establish this alliance with GBST to maximize the functionality of the Eagle platform and continue expanding our ecosystem of alliances.”
GBST’s tax-analysis solutions, TaxIntell and Tax Analyser, will offer Eagle clients the ability to model scenarios around capital gains tax exposure. GBST’s analytics solution is also available to provide after-tax benchmarking capabilities.
“This is the first time we are providing our tax solutions as part of an alliance with a global investment solution,” added Denis Orrock, GBST’s Head of Asia Pacific.
“We know that the state-of-the-art features of our TaxIntell, Tax Analyser and After-tax Benchmark Analytics solutions will complement Eagle’s award-winning portfolio management suite and deliver enormous value to Eagle’s Australian clients.”