London, U.K., 4 July 2001 - HelioGraph, the financial messaging specialist, today announced that DST International, the world's leading supplier of multi-currency asset management systems and work management solutions, will now be able to offer its clients HelioGraph's range of STP solutions. By partnering with DSTi in this way, HelioGraph will benefit from working with an established global presence which boasts a highly developed distribution and support network.
Since an Agreement was signed between the two companies last year, DST International (DSTi) has been using the data field dictionary architecture of HelioGraph's Message BrokerÂ® to provide class leading S.W.I.F.T. connectivity to its clients. This latest agreement, however, means that DSTi will now also be able to offer the full range of HelioGraph products.
"Our two companies have been working together closely for some time now." said Steve Edkins, Chief Operating Officer, DSTi "We have been very impressed with the power and flexibility of HelioGraph's technology and it was a natural step to extend the scope of our agreement accordingly. We are convinced that our extended partnership with HelioGraph will enable us to offer even more complete solutions to our clients while also representing an exciting development for the market as a whole."
HelioGraph's products, which will now be available through DSTi on a global level, use component based technology with in-built intelligence of financial message structures and workflow rules, and thus provide adaptable solutions which are often easier and quicker to integrate with existing applications than other products. Components can be incorporated with existing applications to serve a specific purpose without disruption to the system already in use.
"HelioGraph's technology has already been used to great effect: complementing DSTi's existing products by offering class-leading S.W.I.F.T. connectivity, including full ISO15022 support." said Amery Thomas, Managing Director, HelioGraph "DSTi is recognised as a world leader in asset management and work management solutions and we have certainly enjoyed our partnership with them to-date. HelioGraph expects its ongoing relationship with DSTi to prove of great value to our respective clients."
DSTi and HelioGraph are known to be in discussion with a number of clients (both existing DSTi sites and new ones). Further announcements are expected soon.