Infocomp, the Australian wrap platform developer, is to rebrand under the name of its parent company, GBST, with effect from 3 September.

Following the change, Infocomp – which provides both the Novia and Macquarie wrap platforms in the UK – is to be known as GBST Wealth Management.

“The name change signifies the assimilation of InfoComp’s leading funds administration, registry and membership software solutions into GBST’s global operations,” said Rob DeDominicis, chief executive of GBST Wealth Management.

Global financial services technology firm GBST bought Infocomp in August 2007 before going on to acquire Coexis, the UK-based securities software company, in December 2008.