Global financial services technology provider GBST has released a new cloud-based version of its wealth administration platform, Composer.
It had already been taken up by two of GBST’s largest Australian clients, both superannuation funds, with one live and the other in the implementation stage.
This was the first phase of the upgrade of the Composer programme which would also deliver an extensive catalogue of application programming interfaces (APIs) and a new back-office user experience.
Robert DeDominicis, GBST chief executive, said having clients upgraded to the latest version of Composer was an important milestone.
“This successful release is testament to the dedication of our teams and the significant resource we have invested in our technology transformation,” DeDominicis said.
“These clients are now ready to reap the benefits of the Composer upgrade and our wider technology transformation.
“We’re committed to ensuring our clients have the future-ready platform to support their growth in an increasingly connected and complex market.”
GBST’s wider technology transformation programme had also delivered Catalyst which was a customer self-service digital wealth platform.
The financial services company has made two senior appointments to its super and investments leadership team.
The $89 billion fund has named co-chief investment officers following the resignation of Andrew Lill earlier this month.
The industry body is adding 25 years of financial services experience to its leadership team with a new appointment.
The industry body has welcomed a new deputy CEO and a new executive general manager for policy.