DST introduces corporate actions addition to HiPortfolio
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DST introduces corporate actions addition to HiPortfolio 24 September 2012London and New York Reporter: Georgina Lavers
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DST Global Solutions has launched its HiPortfolio corporate actions automation solution, powered by XSP.
The solution is immediately available as a module for investment management organisations globally, and was showcased in August at Mission 2012, the Financial Services Council’s annual conference, held on the Gold Coast of Australia.
CEB TowerGroup research director Gert Raeves said that the alliance of DST Global Solutions with XSP was a: “great illustration of the need to implement an end-to-end automation strategy.
“Combining their system of record with a specialised corporate actions workflow solution will help DST Global Solutions’ clients reduce the risk of manual processing and prepare them for future industry changes.”
Geoff Harries, global head of Asset Servicing at DST Global Solutions added: “This solution brings together industry best practice for corporate actions processing to deliver a true end-to-end corporate actions processing and investment accounting solution.
"It will benefit our clients by providing a centralised announcement capture capability and improved client service through increased timeliness and quality of notifications.”
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