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China's Bank of Communications Trustee licenses DSTi's HiPortfolio/3

08 November 2005  |  555 views  |  0 Source: DST International

DST International (DSTi), the leader in business solutions for the investment management industry, announced today that Bank of Communications Trustee Limited (BCOMT) has now taken DSTi's Investment Accounting Solution, to support its pension and trust business.

Nancy H. F. Chan, BCOMT's CEO, said, "We choose HiPortfolio/3 because we need to comply with the new International Accounting Standards and we want a fully integrated solution having investment and accounting functionalities. Not only is HiPortfolio/3 state of the art, but we are also confident in DSTi's commitment to the China markets. We appreciate that the Company has local support for its solutions and that it has invested man hours enhancing the system to handle Chinese reporting requirements and Chinese characters."

Rhonda Lepsch, DSTi's CEO Asia, said, "With five offices in the region including Hong Kong, Shanghai, Singapore, Thailand and Indonesia, DSTi has the broadest geographical coverage of any investment management solutions provider in Asia. This in turn allows us to provide sales, consulting and support services to each unique individual market in the local language with local resources. In addition, because of our local presence, we are able to keep abreast of all regulatory changes and new opportunities in each market so that DSTi products are the first to market with any new functionality requirements. We are truly delighted to have BCOMT as our customer and look forward to working with them closely as they extend the usage of DSTi's products into the Mainland."

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