GBT gbst holdings limited

aegon, page-5

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    As part of a press release after GBST's Composer product won a UK industry award, Aegon's UK CEO, Adrian Grace, commented that, "The award endorses the superior technology supplied by GBST".  Legal & General have commented "CoFunds is at the point where it requires a significant upgrade to technology to exploit it's leadership position in the UK platform market. We conclude that the best long-term commitment is best achieved under Aegon's ownership as a specialist wealth platform provider".

    See:

    Aegean seals £140m deal for Legal & General's Cofunds platform
    Deal will see British insurer Legal & General incur a £65m loss on the disposal.
 
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