GBST, a number one world supplier of wealth administration and recommendation options expertise for the monetary providers {industry}, and Wipro, a number one expertise providers and consulting firm, have entered right into a strategic partnership geared toward delivering end-to-end administration providers for superannuation, wealth, and pensions corporations transitioning from legacy IT environments.
This partnership brings collectively GBST‘s industry-leading Composer wealth administration administration SaaS platform and Wipro’s intensive experience in outsourced administration and get in touch with centre providers, to ship a single providing that features expertise, cyber, danger, and enterprise operations. This collaboration addresses a vital want throughout the {industry}, the place organisations usually face challenges in managing legacy IT programs and a number of service suppliers concurrently. By consolidating administration providers by a single, built-in platform, corporations can streamline operations, cut back complexity, and improve service supply to their clients.
“This announcement marks a major milestone for the monetary providers {industry},” stated Robert DeDominicis (pictured), International CEO of GBST. “We see the worldwide market on the lookout for different absolutely outsourced options. Beneath this partnership association, purchasers can profit from a contemporary, best-of-breed, SaaS-based, scalable wealth administration administration platform, with IT and back-office providers supported by a confirmed digital transformation accomplice in Wipro.”
Chris Smith, CEO Australia and New Zealand, Wipro, stated, “We’re excited to collaborate with GBST to drive innovation and transformation within the superannuation and wealth administration house. Collectively, we’ll allow organisations to modernise their operations, leverage superior applied sciences like GenAI, and ship superior outcomes for his or her members.”
GBST and Wipro have intensive expertise serving the wealth, superannuation, and pensions markets globally. By means of this partnership, the 2 corporations purpose to speed up the {industry}’s shift in direction of trendy IT environments that improve operational effectivity, cut back prices, enhance buyer expertise, and allow proposition growth like progressive retirement earnings options.
