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DSTi's Australian Developed Investment Management Software Continues Global Expansion

  • 18 October, 2004 10:53

<p>HiPortfolio/3 and HiTrust roll out across Africa and the United Kingdom</p>
<p>Sydney 18 October 2004 – DST International (DSTi) - the leader in business solutions for the investment management industry – outlined today that its Australian developed flagship solutions, HiPortfolio/3 and HiTrust continue to make inroads into the global investment management marketplace with new implementations in African and UK client sites. MedInvest South Africa, Asset &amp; Resource Management Company in Nigeria, Cavendish Asset Management and Daiwa SB Investments in the United Kingdom have all recently selected to adopt the company’s back office processing and fund accounting solution, HiPortfolio/3. Asset &amp; Resource Management Company has also selected HiTrust to maintain its position as a leader in the West African investment sector.</p>
<p>According to Ian Mathieson, Chief Executive of DST International Australia, “This continued penetration of the global investment market proves that Australian-developed financial software is truly world-class. We have adapted our solutions to support diverse business practices across a wide range of markets and this new round of announcements confirms that our annual multi-million dollar investment in investment technology is extremely worthwhile.”</p>
<p>DSTi currently employs almost 200 staff in its Melbourne Development Centre, where software development experts are responsible for the ongoing development of HiPortfolio/3, HiTrust and OpenMessenger; testing for HiNet (DSTi’s back office accounting engine for the US market) and global technical and compliance support.</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 business process management software solutions and related services to 600 clients in 55 countries.</p>
<p>For further information please visit or:
Cathryn van der Walt Tel: +612 9501 1931
12 Worlds Pty Ltd email:</p>

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