Canada Life UK is set to undertake major changes to its back office systems, a transformation that will be powered by GBST technology.
The life company has sealed a 10-year, £27m deal with the Australian technology provider for it to deliver a "major back office transformation programme". Canada Life will use GBST's Composer technology to replace its current administration systems. The firm said it wanted to create a "market-leading" retirement-led platform to support IFAs and clients as they transition from accumulation to retirement. GBST provides services through its Composer technology to a number of adviser platforms, including Alliance Trust Savings, AJ Bell and Novia, as well as to the Aegon Retirement Choice...
To continue reading this article...
Join Professional Adviser for free
Signup and gain exclusive members-only insights
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes
