Your FAQs, answered.
You can expect significant enhancements to our service, technology and proposition throughout 2026 and beyond. Wealthtime Classic platform users will be transferred to the enhanced Wealthtime platform, bringing both platforms together under the Wealthtime brand.
Advisers and clients will benefit from a significantly enhanced platform with continuous upgrades and a wide range of new propositional features. We’re also leveraging Wipro’s advanced technology and business process experience to continually improve back-office systems, service standards and front-end applications. We’ll keep you updated as and when we introduce new propositional features.
One of the largest, most trusted, purpose-driven technology companies in the world. Wipro are a global technology company partnering with some of world’s biggest brands, providing IT, consulting, and business process services. Wipro has been active in the UK&I for over 25 years, working with a range of clients across business operations, cloud services, cybersecurity, AI, engineering, and consulting.
Wipro is a world-leading provider of next-generation technology and business process services. It employs 5,000 people in the UK.
It already has a dedicated operations centre in the Southwest and is committed to expanding this area as a strategic base to enhance its UK wealth management capability, creating a UK centre of excellence built around the current Wealthtime team.
Globally, Wipro has over 230,000 employees in 65 countries working across a wide spectrum of industries including financial services. It generated over $11bn in revenues last year. Wipro’s proven operational expertise across multiple sectors will bring new insights to the platform space, helping us create a best-in-class experience for our customers.
Partnering with some of the world’s leading financial services organisations, GBST delivers technology to enable, support and scale wealth management organisations globally.
GBST has recently completed a multi-million-pound transformation of its operating system, Composer, to create a secure, scalable market-leading wealth administration platform. The Wealthtime platform enhancement will enable the delivery of significant new functionality.
As part of our new partnership, the Wealthtime platform will be upgraded to the latest version of GBST’s Composer providing a wide range of improvements and new features.
GBST and Wipro have a long-term strategic partnership that combines the Composer SaaS platform with Wipro’s expertise in outsourced administration and contact centre services, delivering a comprehensive, scalable wealth management solution.
There is no immediate change for clients. Over the coming months, advisers and their clients will start to experience improvements as teams of experts from Wealthtime, Wipro and GBST deliver the new platform experience.
Advisers will benefit from a significantly enhanced platform with annual upgrades. As part of this, we’re implementing a range of highly requested new features, alongside added-value components, to help our users deliver the best possible outcomes for clients.
Our service will benefit from Wipro’s advanced automation and operational efficiencies, but we’ll still own the adviser and client experience – you’ll speak to the same sales, customer service and relationship managers employed by Wealthtime.
While we implement the enhancements, there will be no immediate change for advisers and their clients using the Wealthtime or Wealthtime Classic platforms and there’s no action to take.
We’ll keep you updated and listen to your feedback to help us transform our platform and service.
There’s no immediate change to service for advisers and their clients using the Wealthtime Classic platform and there’s no action to take.
We’ll be in touch ahead of the transfer to explain everything and guide you through the process, including actions advisers or customers need to take. Our focus will be on the quality of the transfer and customer experience, rather than speed.
The existing Wealthtime Classic platform will continue to operate as usual until the transfer of assets is complete after which the platform will be retired.
We’ll be in touch throughout the process to keep you updated and answer any questions. We’ll deploy a specific communications programme for the Wealthtime Classic transfer nearer the time, including any blackout periods and actions advisers or customers need to take.