GBST secures international Composer contract

Company News

by Jessica Ellerm

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.

Jessica Ellerm

Finance News Network
Jessica joined FNN in April 2016 and presents the Australian Share Market Outlook, and reports on the morning's leading business stories. Alongside FNN Jessica is a fintech industry commentator, writing for her own blog and a number of international online publications.