GBST’s Equate calculator suite gets big makeover

Aussie wealth technology developer GBST has unveiled a major upgrade to Equate, its off-the-shelf calculator suite, promising increased customisation and improved usability for clients and front-end users.

Currently in use by more than 100 GBST clients worldwide, the calculator suite comprises 31 interactive and client-facing online financial calculators, covering lending (including, for instance, loan repayment and mortgage offset calculators), wealth management, insurance and tax.

GBST boasts that the latest upgrade offers users additional visual layouts, generated in the post-calculation ‘results’ section, as well as greater control over enabling, disabling and editing buttons and icons.

“This gives organisations greater choice and flexibility when setting up and displaying the calculators on their website and enables faster rendering for a smoother user experience,” GBST said in a statement.

“It also improves insights with visual layouts highlighting different aspects of the data, allowing clients to gain new insights on how end users interact with the tool.”

GBST confirmed that the Equate suite has been migrated to React, a Java-based software framework which fast-tracks the development, upgrading, and rollout of new UIs.

Equate clients can embed their calculator of choice, using HTML code, into their own website or online portal.

As a result, these “interactive and intuitive” calculators are cross-platform compatible and accessible on a variety of devices and platforms.

The cloud-based calculators also come equipped with an accompanying API, enabling developers to customise user interfaces and further tailor user journeys.

“[These] tools drive customer engagement, increase lead generation and support new business, while delivering customer insight to help product development,” said Brianna Dobing, GBST’s head of digital.

“The new technology is an important investment in the future of Equate, that will enable us to deliver even greater design and modular flexibility over how providers can use our calculators.”

Robert DeDominicis, global chief executive of GBST, added: “The upgrade to our Equate calculators closely follows the transformation of our Composer wealth management administration platform to create a leading SaaS solution that’s cloud-ready, accessible, and simple to integrate.

“The ongoing investment across all our technology, alongside our recent acquisitions that have added adviser solutions to our offerings, demonstrate our commitment to continued innovation, providing a modern framework to quickly adapt as the needs of the market, our clients, and the end customer evolve.”

Launched in 2009, GBST confirms that the Equate suite is today used by more than 100 financial services organisations worldwide.