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DSTi to Provide New Global Compliance Service

  • 25 August, 2004 10:24

<p>MEDIA RELEASE</p>
<p>Sydney, 25 August 2004 – DST International (DSTi) – the leader in business solutions for the investment management industry today announced that it is creating its new Global Compliance Office, an up-to-date, comprehensive global compliance library that will be available through DSTi’s HiCompliance solution.</p>
<p>A dedicated team of DSTi consultants will continuously monitor and update DSTi’s set of rule definitions. The group will leverage DSTi’s global presence to identify the various worldwide regulatory bodies covered and work closely with these organisations.</p>
<p>The service will ensure that all updates of regulatory compliance rules are sent automatically to Global Compliance Office clients. As rules are amended or created, they will be delivered via software updates.</p>
<p>Ian Mathieson, CEO for DSTi in Australia and New Zealand said, “We are delighted that HiCompliance continues to lead the market as the choice, best of breed pre and post trade compliance solution, and our compliance team is always looking to add to the service. HiCompliance is a comprehensive solution that meets current regulatory requirements in many markets. In the past, users had to interpret the rules themselves. Our plan is to ease the burden of research and analysis from our users by providing pre-configured compliance rules sets for the major investment markets.”</p>
<p>DSTi plans to release Global Compliance Office rules to HiCompliance clients in early 2005.</p>
<p>Ends</p>
<p>About DST International (DSTi)
With 18 offices and over 1300 professionals to support its growing client base, DST International provides a unique and comprehensive range of investment management and work management software solutions and related services to over 600 clients in 55 countries.</p>
<p>http://www.dstinternational.com</p>
<p>About DST Systems, Inc.
Our parent company, DST Systems, provides sophisticated information processing and computer software services and products that help clients improve productivity, increase efficiencies, and provide higher levels of customer service. DST is organised internationally into three operating segments: Financial Services, Customer Management, and Output Solutions. DST operates one of the most advanced data centres in the world, which provides information-processing services to support the products within each operating segment. These products are further enhanced through the integration of DST’s advanced technology and e-commerce solutions.</p>
<p>For more information please visit www.dstinternational or contact:</p>
<p>For DST International:
Cathryn van der Walt
12 Worlds Pty Limited
Tel: +612 9501 1931
Email: cathryn@12worlds.com</p>

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