a single coherent solution.
The work to integrate HiRisk (formerly known as Askariâs truView), a sophisticated buy-side risk management solution, follows the companyâs purchase by DSTi in February 2003. HiRisk extends and completes DSTiâs product offering for front, middle and back office capabilities for leading investment managers and institutional investors. In the next version, DSTi will develop standard interfaces between HiRisk and the OpenDataWarehouse (ODW) the platform for HiPerformance and HiReporting. These interfaces will support fully integrated risk and performance reporting for investment managers and institutional investors across a complete spectrum of multi-asset class holdings
globally. The components of the modular solution will continue to be available individually on a best-of-breed basis.
"The integration of HiRisk with HiPerformance and HiReporting, all driven by a single, consistent, central data platform in HiPlatformâs OpenDataWarehouse, is a natural extension of DSTiâs offerings for a complete front and middle office solution," said Mike Winn, DSTiâs group managing director. "Having a fully integrated multi-asset class risk and performance solution using consistent methodologies, models, and data represents a unique capability unmatched in the market."
Kim Holloway, DSTiâs global head of sales added, "Because all of these value-added applications are integrated through a common central data repository in ODW, integrating the solution with other DSTi applications such as HiInvest and HiPortfolio is seamless and easy for clients."
After the initial integration, DSTiâs roadmap calls for further direct connectivity with HiInvest to provide portfolio managers and traders dynamic portfolio risk and performance what-if analysis, and portfolio construction for the front office. Standard interfaces will also be developed between HiData to leverage this toolâs ability to centrally access, manage and scrub market data from multiple vendors for the risk and performance solution. In addition,
links between HiRisk and HiCompliance will be established for complete risk compliance checking.