JP Morgan, one of the world`s top three global custodians, has chosen DST International`s (DSTi`s) HiPortfolio/3 fund and investment accounting system as its UK insurance third-party administration system.
"After reviewing the market, we chose HiPortfolio/3 partly because of its reputation, but also because it is a proven platform with wide usage in the UK insurance industry," says Wade McDonald, VP, AMSG business development at JP Morgan.
"Throughout the selection process, we had a very productive and encouraging working relationship with JP Morgan, which both parties will continue to progress throughout the duration of our partnership," says Kim Holloway, DSTi`s global sales director.
Investment and mutual fund managers, insurance companies, third-party administrators (TPAs), private client managers and hedge fund administrators are among the companies which use HiPortfolio.
HiPortfolio/3 is DSTi`s transaction processing and investment accounting solution used by over 250 organisations in 32 countries worldwide.
Flexibility, multi-currency and multi-instrument capabilities enable support for different types of business on a single system.
HiPortfolio/3 supports a comprehensive range of investment instruments and products and has a range of connectivity and data access facilities to enable straight-through processing and data mining.
"HiPortfolio/3`s support for global and local accounting requirements allows it to be deployed worldwide across a global organisation, giving the benefit of group consolidation at the centre, while still supporting the regional demands of each and every local office," says Marisa Bellini, director at DSTi in South Africa.
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With 16 offices and over 1 000 professionals to support its growing client base, DST International provides a unique and comprehensive range of investment management and work management software solutions and related services to over 550 clients in 55 countries.
http://www.dstinternational.com
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