Financial Tools

ANZ

An insurance fees calculator to update ANZ Smart Choice super members about upcoming changes

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Helping members understand the changes to their insurance fees

GBST has a long history of working with ANZ. For this project, we worked with the Wealth Management division of ANZ Australia to develop a calculator that illustrates how insurance fees would be changing for members from the 1 July 2020. They required a calculator to be in production on their servers by April to meet regulatory requirements and GBST Digital had four weeks to deliver this tool.

In the first week we developed a spreadsheet prototype for the calculator, built the UI and calculation engine for the tool, developed a UI design for the display of results, set up automated testing between the tool and spreadsheet to validate results, performed internal QA, transformed and imported the client-supplied data, and provided the client with their UAT environment. This all occurred while still adjusting to our new working from home arrangements due to COVID-19!

We delivered the project on time. This was a great outcome for ANZ Smart Choice Super members as they had an interactive tool which clearly showed the fee changes and any impacts on their account.

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“I’d like to thank all of the team for the great work. All sides worked really well together and all were responsive! Working with GBST has been great. You are responsive and able to deliver good quality in compressed timeframes. Flexibility to our changes is also appreciated!”

Chris Berwick

ANZ Project Manager