UK-based Scottish Widows Investment Partnership (Swip) is to deploy DST International's (DSTi) integrated front office asset management product suite, HiInvest, at its offices in the UK, North America and Tokyo.
Swip has signed a five year support and maintenance contract with DSTi for the package, which comprises of order management, decision support and pre and post trade enterprise compliance modules.
DSTi says HiInvest will provide users with initial data management and cleansing, deal execution, performance analysis and management and client reporting.
Bill Main, CEO of Swip, says: "We have recognised that good, efficient front end systems are key to that tool set. DSTi's system architecture was seen as the best way for us to accomplish our goals."