GBST Holdings Limited, which serves as a global provider of securities transaction and wealth management platforms, and specialist provider of after-tax services in Australia, has announced its collaboration with analytics and research-based indexes provider MSCI.
As part of the collaborative effort, GBST Quant capabilities will be added to the MSCI global index series in an attempt to expand the current after-tax calculations services into global equities.
Australian superannuation funds widely use MSCI indexes for global equities benchmarks.
Chris Ryan, managing director and head of Asia Pacific for MSCI, said the agreement would provide superannuation fund members and stakeholders with a clearer picture of their funds' performance.
“Our superannuation fund clients have an increasing need for accurate after-tax calculations, based around the MSCI global indexes, which are used by the majority of superannuation funds in Australia,” Mr Ryan said.
Kathy Taylor-Hofmann, head of business solutions and wealth management at GBST, also commended the collaboration effort.
“Our agreement with MSCI extends the after-tax analytics capabilities of the GBST Quant solution to the benefit of many MSCI-benchmarked investors in Australia,” she said.
The not-to-be-missed Accountants Daily Strategy Day will travel through Melbourne and Sydney in August to equip accounting professionals with the latest industry updates and tips for modern practice management as well as the latest cutting-edge technology, processes, strategies and trends shaping the future of accounting. Visit the website for more information: www.accountantsdaily.com.au/strategy-day
TRENDING
