GBST Holdings Limited (ASX:GBT)
has announced it has secured a 5 year contract with a South African-owned retail investment business.
The contract is for GBST’s wealth management platform Composer.
GBST will deliver Composer under a SaaS model, allowing it to integrate with the business’s other enterprise applications.
GBST Managing Director Robert DeDominicis has pointed to the contract as opening up new markets for the business internationally.
GBST Holdings Limited reported a net profit of $9.3 million at 30 June 2016.