Wealthtime, a prominent adviser-focused platform, has announced a strategic partnership with global technology leader Wipro, and its global technology partner GBST to deliver a market leading, digital-first platform and innovative customer-centric service offering. This move supports Wealthtime’s ambitious growth strategy while enhancing service for financial advisers and their clients.
The deal will bring the Wealthtime and Wealthtime Classic platforms together under one brand on a greatly upgraded platform, powered by GBST technology.
According to the agreement, Wipro and GBST will use a joint co-delivery strategy to provide end-to-end platform services. Wipro delivers a wealth of expertise in operational excellence and digital transformation with significant global brands across numerous industries, including UK financial services, to assist Wealthtime in accelerating its service and technological transformations.
Wealthtime’s Operations and Technology & Change responsibilities will be transferred to Wipro’s newly formed UK centre of excellence for business processing, located in the Southwest. Transferring these tasks would allow Wealthtime to take use of Wipro’s advanced technology and substantial IT and AI experience to continuously improve service standards and front-end apps. Platform users will benefit from major changes to the Adviser and Investor Zones, as well as improved service provision. The platform’s substantial automation will strive to decrease manual effort, allowing advisers to focus on higher-value tasks and create more detailed insights for their customers.
