Wealthtime, an adviser-focused platform, has partnered with Wipro (NYSE: WIT, BSE: 507685, NSE: WIPRO) and global technology partner GBST to enhance its digital services. This collaboration aims to unify the Wealthtime and Wealthtime Classic platforms under a single brand, leveraging GBST technology to support long-term growth and meet the evolving needs of advisers and their clients.
Wipro and GBST will implement a co-delivery model for comprehensive platform services, utilizing Wipro’s expertise in operational excellence and digital transformation, particularly in UK financial services. This partnership also extends Wealthtime’s existing relationship with GBST, with plans for significant enhancements in 2025.
Wealthtime’s Operations and Technology functions will move to Wipro’s new UK center of excellence, allowing for improved service standards and automation. Patrick Mill, CEO of Wealthtime, expressed that this partnership will transform their platform and service offerings, benefiting advisers and clients alike.
Omkar Nisal, UKI Managing Director of Wipro, highlighted the partnership’s role in enhancing Wealthtime’s market engagement and operational capabilities through innovative technology. Rob DeDominicis, CEO of GBST, noted that this agreement marks a significant step in their collaboration, promising a smooth transition and improved functionality for users through the latest Composer platform.