GBST and Eagle Investment Systems Establish Strategic Alliance to Address Australia Tax Reporting Capabilities

7 November, 2018

Sydney – 7 November 2018  GBST, a leading Australian provider of tax analysis and tax data solutions, and Eagle Investment Systems LLC, a BNY Mellon company and leading provider of financial services technology, announced today a strategic alliance that will enable Eagle’s Australian clients to utilise GBST’s best-in-class tax-reporting capabilities.

Australia’s superannuation funds and investment trusts face complex and dynamic capital-gains tax regulations. Through this alliance, GBST and Eagle can provide an enhanced solution to meet these needs. This will help to streamline the tax reporting process and also help clients to accommodate future legislative changes.

“By aligning with local-market experts, we can help resolve some of the pain points that Australian investors face,” said Joel Kornblum, Global Head of Strategic Alliances for Eagle. “We’re excited to establish this alliance with GBST to maximize the functionality of the Eagle platform and continue expanding our ecosystem of alliances.”

GBST’s tax-analysis solutions, TaxIntell and Tax Analyser, will offer Eagle clients the ability to model scenarios around capital gains tax exposure. GBST’s analytics solution is also available to provide after-tax benchmarking capabilities.

“This is the first time we are providing our tax solutions as part of an alliance with a global investment solution,” added Denis Orrock, GBST’s Head of Asia Pacific.

“We know that the state-of-the-art features of our TaxIntell, Tax Analyser and After-tax Benchmark Analytics solutions will complement Eagle’s award-winning portfolio management suite and deliver enormous value to Eagle’s Australian clients.”
 

About GBST
GBST (ASX: GBT) is a global fintech providing solutions to financial services clients across global Capital Markets and Wealth Management sectors, addressing the constant needs for innovation, competitiveness and responsive IT that truly enables business. It is also a market leading provider of tax analysis and tax data tools and solutions. Listed on the Australian Securities Exchange, GBST has offices in London, New York, Singapore, Hong Kong, Sydney, Brisbane, Melbourne, Wollongong and Ho-Chi Minh City. Find out more at www.gbst.com.

About Eagle Investment Systems
Eagle is committed to helping financial institutions worldwide grow assets efficiently with its award-winning portfolio management suite of data management, investment accounting and performance measurement solutions that are delivered over its secure private cloud, Eagle ACCESS(SM). Eagle deploys trusted solutions and services that create operational efficiencies and help reduce complexity and risk. Eagle Investment Systems LLC is a subsidiary of BNY Mellon. Additional information is available at http://www.eagleinvsys.com or follow us on Twitter @Eagleinvsys.

About BNY Mellon
BNY Mellon is a global investments company dedicated to helping its clients manage and service their financial assets throughout the investment lifecycle. Whether providing financial services for institutions, corporations or individual investors, BNY Mellon delivers informed investment management and investment services in 35 countries. As of Sept. 30, 2018, BNY Mellon had $34.5 trillion in assets under custody and/or administration, and $1.8 trillion in assets under management. BNY Mellon can act as a single point of contact for clients looking to create, trade, hold, manage, service, distribute or restructure investments. BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation (NYSE: BK). Additional information is available on www.bnymellon.com. Follow us on Twitter @BNYMellon or visit our newsroom at www.bnymellon.com/newsroom for the latest company news.


Further information from:
Carly Youd, Marketing Manager | GBST
E: carly.youd@gbst.com
T: +61 7 3193 4966

Jeremy Skaling | Eagle Investment Systems
E: jskaling@eagleinvsys.com
T: 781.943.2318

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