investment management industry announced today that they have signed a
distribution agreement in Japan with AMICA. Based in Tokyo, AMICA will initially focus on HiInvest and HiRisk, but HiMessaging also has
significant opportunities because of T+1 requirements.
Mike Winn, DSTi's group managing director, said, "We are pleased to be
working with AMICA. Yutaka Hatanaka, AMICA's CEO has more than 30 years of
experience in the financial services industry in Japan. He knows and
understands the market and we believe this is an excellent partnership for
Yutaka Hatanaka, AMICA's president and chief executive officer, said, "
DSTi consistently invests in new technology and updated platforms. The
company's has extensive global experience in the asset management and
mutual fund area and has long term and deep knowledge of those markets. I
intend to use DSTi products to assist Japanese fund managers to develop new
ways and methods of operating in line with international standards".
In the long term, plans for the agreement include developing a local
infrastructure in Japan to implement and support DSTi's productline.