The solution will re-engineer its âend to endâ fund management processes, providing an automated consistent and reconciled source of data for fund managers and financial accounting. Daiwaâs back office in Hong Kong supports its Hong Kong and Singapore asset management operations.
Kiyotaka Hoshino, Daiwaâs managing director & head of Asia, said, "Automating the data entry and compliance checking will make a significant difference to us. Not only will it save our employees a substantial amount of time, but it will also eliminate the possibility of errors that can occur as a result
of manual data input. HiPortfolio/3 will update our administration, ensuring that we can easily add functions as and when we need them."
Rhonda Lepsch, DSTiâs CEO - Asia, said, "Daiwa have been a customer of DSTiâs for many years and we are thrilled that they have made the decision to upgrade to the latest technology from DSTi.
HiPortfolio/3 is a market leader throughout the world and we are delighted to see its technology embraced by Hong Kongâs leading financial institutions."