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GBST’s Continued Growth and Recognition in UK Marketplace Sets New Benchmark

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Published: 26/03/2013

GBST extends footprint in UK with two industry awards for flagship wealth management platform; GBST Composer becomes preferred platform for UK wealth managers.

SYDNEY, 26 March 2013 – GBST Holdings Limited (ASX: GBT), “GBST”, a global provider of securities transaction and fund administration software for the financial services industry, announces today that it has set a new benchmark for industry and client recognition in the UK with this recent success. These award wins confirm the UK financial services marketplace now recognises GBST and its solutions such as the GBST Composer® platform as a competitive differentiator for wealth management administration.

GBST Composer® platform technology directly, and via client platform implementation has been acknowledged as delivering superior innovation and results, winning the following awards in 2013:-

  • Aegon Retirement Choices, on GBST Composer® platform wins “Best Workplace Platform” and “Best Innovation”, Platforum Awards March 2013
  • Sippdeal, part of AJ Bell, on GBST Composer® platform wins “Best SIPP Provider”, City of London Wealth Management Awards March 2013

Other GBST Composer® awards to date in the UK financial services arena include:

  • “Best Software Provider”, Aberdeen Asset Management Platform Awards, UK, September 2012
  • “Novia, on GBST Composer® platform breaks through with “Best New Platform 2009″, Logica UK Platform Awards September 2009

Adrian Grace, CEO of Aegon UK, says the award acknowledges unique innovation from GBST: “To be recognised by the Platforum as the ‘Leading Innovation on a Platform’ and ‘Best Workplace Savings Platform’ is a fantastic achievement. It endorses the superior technology, supplied by GBST, and innovation we’ve brought to the market, which is out-pacing more ‘traditional’ platforms.”

The demand for GBST’s solutions is increasing and GBST Wealth Management’s Chief Executive, Rob DeDominicis said: “Since launching into the UK financial services market, GBST Composer has delivered on its advanced technology, providing cost-effective and highly efficient administration capabilities. We are now also helping other clients to actively switch platforms onto GBST Composer®. GBST is well positioned for continued future growth.”

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