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Cavendish To Take HiInvest and HiPortfolio

London – DST International (DSTi) – the leader in business solutions for the investment management industry today announced that Cavendish – a private wealth manager with £300million under management - have signed for HiInvest, DSTi’s front and middle office suite – including HiFrontOffice, HiOrders, HiCompliance and HiPerformance - and HiPortfolio/3, DSTi’s back office

Once implemented, Cavendish will have a fully automated front to back office system. Kim Holloway, DSTi’s global sales director, said, "This is a fine example of DSTi’s strategy of expanding into the private wealth market and our systems’ scalability. It can meet the needs of both ends of the market from the smaller, more specialised asset management company to the larger global
institutional players.

Michael Rosehill, Cavendish’s Finance Director, said, "Cost of implementation and functionality were important to us, as was DSTi’s commitment to its resources behind the products. Being well versed in implementation and their understanding of our business means their products are designed to meet our needs."

Cavendish Asset Management (CAM) manages funds for institutional and private clients over a wide spread of international stock markets and across a range of small and large companies. CAM currently has £300 million under management and is the fund management arm of Lewis Trust Group Limited, which is a privately owned trading and investment group.