APAC clients to benefit from upgraded GBST platform
Financial planning technology provider GBST has completed a significant upgrade of its Composer platform for its APAC clients.
This delivers a single, modernised platform across its core markets and provides “faster innovation, stronger regulatory readiness, security, and enhanced member experiences” for users.
It also deepens the integration with GBST’s SuperStream Gateway which will deliver straight-through ATO message processing, automated contributions and rollovers, and real-time data synchronisation to ensure funds are ready for upcoming reforms such as payday super.
The firm plans to further expand Composer’s capability through Software as a Service (SaaS) which will reduce infrastructure costs, improve scalability, and enable faster responses.
Jeff Hall, head of APAC for GBST, who joined the firm last year from SS&C Technologies, said: “Passing this milestone brings the full power of our modernised Composer platform to APAC clients, without disruption to their day-to-day operations. It means they can launch new products, adapt to regulatory changes, and deliver exceptional member experiences faster than ever before.
“The platform’s open architecture also makes it easier to integrate with both existing and emerging systems, allowing clients to seamlessly connect into a broader ecosystem of services and solutions.”
Rob DeDominicis, GBST chief executive, said: “Completing this transformation in APAC unifies our clients globally on a single, future-focused platform. It strengthens GBST’s ability to innovate at pace, expand capabilities, and deliver secure, scalable solutions that help clients stay ahead in an increasingly competitive wealth management market.”
Earlier this year, it upgraded its WealthConnect platform to scale and streamline operations. The upgrade is designed to “streamline advice production, reduce operational costs, and help firms scale effectively amid growing regulatory demands and rising client expectations”.
It previously acquired digital advice practice management and CRM system WealthConnect, based on Salesforce capabilities, in May 2023.
GBST said the enhancements also improve visibility across compliance, resource management, and client engagement, making it easier for large firms and dealer groups to allocate resources effectively and stay ahead of evolving industry pressures.
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