From Consensus Winner to $56 Million Acquisition
InfoComp Pty Ltd | Software Award Winner 2000
In 2000, InfoComp Pty Ltd was recognised by the Consensus Awards for its innovative software solution, Composer.
At the time, Composer represented a significant advancement in wealth management and funds administration technology, helping financial institutions streamline complex investment and administration processes while improving efficiency, scalability and client service.
The recognition of InfoComp by the Consensus Awards reflected the company's strong innovation, commercial potential and vision for the future of financial services technology.
Over the following years, InfoComp continued to expand its capabilities and market presence, becoming a leading provider of funds administration and registry software to the Australian wealth management industry. Its software solutions, including Composer, Conductor and Unison, became widely adopted across the sector and established the company as a market leader.
In 2007, InfoComp's success culminated in its acquisition by GBST Holdings Limited in a transaction valued at approximately $56 million.
The acquisition represented a major strategic milestone for both organisations. GBST identified InfoComp as a highly complementary business, recognising the strength of its technology platform, recurring revenue model, long-term client relationships and strong growth potential both in Australia and internationally.
At the time of acquisition, InfoComp had established itself as the dominant provider of software solutions to Australia's wrap and master trust market and had already begun expanding internationally, including securing significant clients in the United Kingdom.
InfoComp founders Rob DeDominicis and Ray Tubman joined the GBST executive team following the acquisition, continuing to drive the growth and development of the business while helping strengthen GBST's position within the financial services technology sector.
The success of InfoComp highlights the type of organisation the Consensus Awards was created to identify — businesses with genuine innovation, strong market potential and the ability to create lasting commercial impact.
More than two decades after being recognised by Consensus, InfoComp remains an example of how early validation, combined with strong leadership and execution, can contribute to extraordinary business outcomes.