GBST Wins "Best Use of Platform Technology" at the 2013 Aberdeen Asset Management Platform Awards
LONDON, UNITED KINGDOM--(Marketwired - Oct 10, 2013) - GBST (ASX: GBT) (PINKSHEETS: GTDNF), a leading global provider of securities transaction and fund administration software for the financial services industry, was awarded the hotly-contested "Best use of Platform Technology" award at the 2013 Aberdeen Asset Management Platform Awards. This is the second year in a row that GBST has been recognised for its superior technology, having won last year in the Best Software category.
The Best use of Platform Technology is awarded to companies who have shown outstanding innovation in technology and service in the UK Platform market.
The shortlist for the award was impressive with the judges selecting GBST and Aegon, UK. On announcing the award, the judges said: "There are two winners in this category. The awards go to the platform and technology/software provider, the partnership that was deemed to have delivered the most successful new platform technology project in the last 12 months. The judges looked for a successful technology project that delivered a transformation to the platform provider, ideally a radical proposition."
"The winners demonstrated speed to market, a radical proposition on existing technology, and the employment of a number of contributing partners, as well as sales momentum."
This award recognised innovation and partnership between a technology supplier and a client. GBST and Aegon have been recognised for implementing market-leading technology that integrates workplace and at-retirement solutions. This UK first allows investors to accumulate wealth as part of their employers' plan, or as an individual, and then decumulate throughout retirement on the same platform.
Commenting, Rob DeDominicis, CEO of GBST Wealth Management said, "Our Composer software has been recognised at the Aberdeen Asset Management Platform awards for the second year in a row. That is a remarkable achievement as it endorses our leading technology and innovation we have brought to the UK market and it is a tremendous vote of confidence in what our team has achieved working in partnership with Aegon UK and other clients. Whether it is cost, service, innovation, expectation management or development time, we are out-pacing the competition at every turn."
"The message is clear that our Composer software is the best by whatever means you choose to measure it and GBST Wealth Management is at the forefront of innovation in the platform market."
"We would also like to congratulate our clients, AJ Bell, who won the top spot in the category of leading platform-enabled retirement proposition and Aegon, who won Best new platform."
About GBST www.gbst.com
GBST (ASX: GBT), provides global technology services to the financial services industry, addressing our clients' constant needs for innovation, competitiveness and responsive IT that truly enables business. Listed on the Australian Securities Exchange, GBST has offices throughout Australia, London, Hong Kong and New York as well as operations in Paris and Singapore. GBST can be contacted at www.gbst.com
About GBST ComposerWeb™
GBST ComposerWeb™ is a fully integrated, comprehensive and extensive web front office application designed to support advisers to improve their client service and reduce costs. ComposerWeb™ also provides Advisers and clients with a self-service facility where required and 24/7 access to information.
About GBST Composer®
GBST Composer® is a full service global software platform for Platforms, Wraps, Unit Trusts, ISAs, OEICs, SIPPs, and Pensions. Designed as a single, client centric application, Composer® is a complete, intuitive and flexible solution. Its architecture meets the demanding requirements of platform providers and fund managers by providing business rule driven functionality to support legislative change, flexible administration procedures and innovative product design.
