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GBST updates platform for early super release
Global financial technology provider GBST’s Composer wealth administration platform will now enable clients to bulk process early superannuation release payments for members facing financial hardship due to COVID-19.
GBST’s superannuation clients supported over two million members and would now be able to meet the Australian Government’s early access to superannuation legislation.
Robert DeDominicis, GBST chief executive, said: “So many Australians are struggling at the moment and we are proud to be able to play our part in helping them access much-needed funds.
“Our Composer team worked extremely hard to get this functionality up and running quickly in a very tight timeframe. Allowing clients to process these payments in bulk will reduce the administrative burden on them so they can focus on helping their members through these challenging times.”
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