investment management industry announced today that they have signed a
agreement with State Street, the world's leading specialist in meeting the
needs of sophisticated global investors, to utilize various modules of DSTi's HiInvest to enhance State Street's global outsourcing solution.
State Street will leverage components of the software to augment its core enterprise technology that provides clients with full investment operation
Tom McCrossan, executive vice president of State Street, said, "We're delighted to integrate these additional tools in to the suite of technology solutions that we are providing to our clients. State Street is a pioneer in the outsourcing arena and is now first to market with this total end to end enterprise solution, which is unrivalled in the industry."
"We are delighted with this State Street agreement as it demonstrates the cutting edge capabilities of HiInvest and underlines that in the long term it will continue to be the market leading product for the front and middle office," said Mike Winn, DSTi's group managing director.