Source: DST International
DST International (DSTi) a leading provider of business solutions and services to the financial services industry announced today the opening of a new office in Beijing.
DSTi opened its office in Shanghai over three years ago and at the same time embarked upon a significant Research and Development program in order to localise its investment management solutions to meet the requirements of the China market. DSTi's investment management solutions suite consists of full front, middle and back office functionality that is designed to meet the processing requirements of both the international and domestic China markets.
Rhonda Lepsch, DSTi's CEO for Asia, said, "Over the past three years DSTi has achieved tremendous success in the China market. Since establishing a Wholly Foreign Owned Enterprise (WFOE) in Shanghai, China in 2004, ten China-based insurance and asset management firms have been added to DSTi's extensive and growing global client list. As our client base grows in Beijing, we felt the need to open an office in the capital city in order to better service and support our clients here. Further, given the frequent advances and developments in the China market practices, having a presence in the capital city will allow us to further strengthen relationships with the regulators and key industry participants, a move that is very important to our continued success in China."