GBST has announced multiple database support for GBST Composer, supported by Microsoft’s SQL Server (SQL).
With a focus on international expansion, multiple database support represents a significant step for GBST toward the development of their wealth management software for international markets and is unique for fund administration and registry technology.
GBST Wealth Management chief executive, Robert DeDominicis, appraised the completion of the multiple database support program which had been developed in a “short time-frame”.
“We have successfully maintained a single line of code which provides customers with the ability to choose alternative relational database support, depending on their requirements,” Robert DeDominicis said.
The product supports three of the UK’s top six retirement savings platforms, including AEGON, AJ Bell, and Novia. DeDominicis affirmed the new offering was indicative of GBST’s commitment to adapting market expectations through product enhancement and innovation.
“This demonstrates our commitment to delivering technological innovation in parallel with ongoing product enhancement and legislative change, necessary in a fast changing market,” he said.
GBST Composer offers an integrated platform for the administration of wrap platforms, master trusts, superannuation, pensions, risk, and debt.
As a web-based front office solution for investor and adviser servicing, GBST Composer delivers a single, client-centric administration application for the wealth management industry.
In addition to the two companies already using the latest version of GBST Composer, three other UK organisations are at varying stages of implementing the software and are expected to have completed their integration of the product by the end of this year.
