20 October 2017
visit www.avoka.com

Nigeria's Asset & Resource Management Company signs with DSTi

01 October 2004  |  412 views  |  0 Source: DSTi

DST International (DSTi) – the leader in business solutions for the investment management industry and business process management announces that Asset & Resource Management Company (ARM) – a specialised investment management firm based in Lagos, Nigeria – has signed for HiPortfolio/3, DSTi's back office solution and HiTrust, DSTi's unit trust system.

Nike Ogunlana, senior vice-president at ARM said, "In order to maintain our position as a market leader in the West African financial market we require the 'best of breed' technological support systems that enable us to actively trade in global equity and fixed income instruments. Our investors require diversified global investments, and HiPortfolio/3 is flexible in nature and transcends currency borders with multi-instrument capabilities."

Mr Ogunlana continued, "With HiTrust, ARM has acquired a product with a low cost of ownership to help compensate for changes in the demanding West African market."

ARM was established in 1994 as a subsidiary of Guaranty Trust Bank Plc and is presently one of the leading providers of financial advisory and asset management services in West Africa.

Marisa Bellini, Director at DSTi South Africa (Pty) Ltd, said, "DSTi and ARM have enjoyed a relationship since 1997. ARM has chosen HiPortfolio/3 as it offers them a competitive advantage in their niche market. DSTi has developed and adapted HiTrust to support business practices in diverse markets such as Africa and Australasia.

She added, "HiTrust was designed for and used by: unit trust registrars, record keepers and administrators, fund managers, fund distributors selling their own products and those of other companies. DSTi's South African office continues to service the increasingly sophisticated African market and we are delighted with the long-term relationship we have with ARM."

Comments: (0)

Comment on this story (membership required)

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.fivedegrees.nlvisit www.niceactimize.com

Top topics

Most viewed Most shared
Ripple looks to drive bank adoption with $300m XRP rebate programmeRipple looks to drive bank adoption with $...
16069 views comments | 12 tweets | 4 linkedin
satelliteGates Foundation backs Ripple collaboratio...
8286 views comments | 13 tweets | 10 linkedin
HSBC partners Bud for open banking trialHSBC partners Bud for open banking trial
7862 views comments | 21 tweets | 26 linkedin
IBM uses blockchain to improve cross-border payments processingIBM uses blockchain to improve cross-borde...
7278 views comments | 9 tweets | 17 linkedin
Sibos 2017: API or the highwaySibos 2017: API or the highway
6630 views comments | 10 tweets | 21 linkedin

Featured job

circa £250K total package
London

Find your next job