GBST partners with MainstreamBPO

Company News

by Jessica Ellerm

GBST Holdings Limited (ASX:GBT) has announced it has partnered with MainstreamBPO Limited (ASX:MAI) as it looks to enter into the business processing outsourcing market.

GBST has partnered with Mainstream’s FundBPO business, allowing it to provide outsourced wealth administration and registry services through its products.

The contract will also see GBST offer SaaS services, including a new fund gateway that enables straight through processing and real-time reporting.

GBST Managing Director Robert DeDominicis has stated the partnership will allow the business to access new clients and explore global opportunities.

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.