Media releases are provided as is by companies and have not been edited or checked for accuracy. Any queries should be directed to the company itself.

DST International continues the expansion of HiPortfolio/3 with the launch of new Database Audit Module

  • 27 June, 2007 09:57

<p>Database audit module extends transparency of reporting, review and investigation of recorded data</p>
<p>Sydney, 26 June 2007 – DST International (DSTi), a leader in business solutions for the financial services industry, today announced the launch of an expanded module for HiPortfolio/3, the Database Audit Module (Audit Module).</p>
<p>The Audit Module for HiPortfolio/3 facilitates a transparent review of data recording, changes or deletions, and allows for online enquiries and reporting of system information. When a new record is added to a data file, or an existing record is changed or deleted, the Audit Module records who initiated the action, the timestamp of the action and the action type. This information is recorded in a series of history files.</p>
<p>For DST International’s CEO for Australia and New Zealand, Ian Mathieson, there is a direct link to enhancements in the Audit Module and system auditability.</p>
<p>Ian Mathieson explained, “Now with the new Audit Module, not only are additions, changes and deletions to many of entities in the system logged with greater process, it now possible to more transparently track when changes are made—and importantly, who made them. The information can then be interrogated by system auditors and operations control staff via either a series of on-line enquiries or hard copy reports.</p>
<p>“With the ever increasing focus on full transparency, total disclosure and compliance for financial services organisations, the Audit Module streamlines processes involved in meeting a myriad of regulatory requirements familiar to fund administrators.”</p>
<p>The Audit Module has introduced nine new windows and screens for existing static data files and can now be used to audit transactions, general ledger, integration rules, income, report authorities and module parameters.</p>
<p>Developed in the company’s Melbourne, Australia, Research and Development Centre, the Audit Module follows on from the recent launch of the Data Retrieval Objects Module for HiPortfolio. This module enables broader access to data and increased administration management efficiency.</p>
<p>The Audit Module is available now for HiPortfolio end users located throughout 550 international sites.</p>
<p>About DST International (DSTi)
With 19 offices and over 1700 professionals to support its growing client base, DST International provides a unique and comprehensive range of investment management and business process management software solutions and related services to 700 clients in 55 countries.
About DST Systems, Inc.
DST Systems, Inc. provides sophisticated information processing and computer software products and services to support the mutual fund, investment management, insurance and healthcare industries. In addition to technology products and services, DST provides integrated print and electronic statement and billing output solutions through a wholly owned subsidiary. DST’s world-class data centers provide technology infrastructure support for mutual fund companies, healthcare providers, banks, mortgage bankers and insurance companies around the globe. DST is headquartered in Kansas City, Missouri, and is a publicly traded company on the New York Stock Exchange.</p>
<p>For further information:
Cathryn van der Walt
12 Worlds
0402 327 633</p>

Most Popular