Composer wealth management platform earns GBST fourth consecutive ranking as top innovator on WealthTech100 list

Composer wealth management platform earns GBST fourth consecutive ranking as top innovator on WealthTech100 list

Global WealthTech company GBST has been named one of the world’s 100 most innovative companies for the fourth year in a row. The annual WealthTech100 list recognises organisations worldwide that are revolutionising the wealth and asset management industries. GBST’s SaaS wealth management administration platform, Composer, has played a pivotal role in transforming the industry.

Robert DeDominicis, global CEO of GBST, said, “To be placed once again among the top WealthTech innovators in the world is a significant achievement, recognising the dedication of Team GBST to building a culture of innovation. In recent years, we have invested heavily in our flagship platform, Composer, to transform it into a leading SaaS solution that’s cloud-ready, accessible, simple to integrate and keeps the customer first in mind.

We’ve also created a closer relationship between our in-house digital experts, technology product experts and customer experience specialists. By combining deep financial industry knowledge with digital expertise, we can design, build, and implement digital solutions that integrate seamlessly with other GBST products and clients existing eco-systems, accelerating their digital transformations globally.

“Our digital innovation goes well beyond just front-end portals, its core to all our solutions and services, bringing a true digital experience to back-office administrators, ensuring the same ease of use usually reserved for external portals and end users.”

Composer offers the latest software and advanced cybersecurity features that prioritise the protection of client data, while providing the flexibility and scalability necessary for seamless upgrades and replacements. It’s modern technology stack delivers a host of benefits to clients, including increased digitalisation, improved functionality, reduced cost of ownership, enhanced personalisation, and an unparalleled user experience. These features work in tandem to drive significant efficiency gains and consumer engagement, positioning Composer as a leading solution in the wealth management administration space.

“Our inclusion in the WealthTech100 is a testament to the team’s hard work in delivering the transformation of our technology stack and our ongoing commitment to inspiring wealth innovation to meet the changing needs of the market, our clients and the end investor. With four decades of industry experience, we understand more than most the need to continually evolve to drive growth and keep delivering outstanding outcomes for clients,” DeDominicis said.

Specialist research firm FinTech Global invited nominations to identify WealthTech companies that offered an innovative technology solution to solve a significant industry problem, improve efficiency and reduce costs for clients and also, demonstrated revenue and customer growth. It undertook in-depth research with shortlisted companies before an expert panel determined which should be classified as top 100 WealthTech innovation leaders.