Partnership18 Jun 2024, 01:19 pm
Wipro and GBST Partner to Transform Superannuation and Wealth Administration Services
AI Summary
Wipro Limited and GBST, a leading global provider of wealth management and advice solutions technology, have formed a strategic partnership. This partnership aims to deliver end-to-end administration services for superannuation, wealth, and pensions companies transitioning from legacy IT environments. The partnership combines GBST's Composer wealth management administration SaaS platform with Wipro's expertise in outsourced administration and contact centre services. This integration aims to streamline operations, reduce complexity, and enhance service delivery to customers.
Key Highlights
- Wipro and GBST have entered into a strategic partnership to deliver end-to-end administration services for superannuation, wealth, and pensions companies.
- The partnership combines GBST's Composer wealth management administration SaaS platform with Wipro's expertise in outsourced administration and contact centre services.
- This integration aims to provide a single offering that includes technology, cyber, risk, and business operations.
- The partnership addresses a critical need within the industry, where organisations often face challenges in managing legacy IT systems and multiple service providers simultaneously.
- The collaboration aims to accelerate the industry's shift towards modern IT environments that enhance operational efficiency, reduce costs, improve customer experience, and enable proposition expansion.