Once implemented, Cavendish will have a fully automated front to back office system. Kim Holloway, DSTiâs global sales director, said, "This is a fine example of DSTiâs strategy of expanding into the private wealth market and our systemsâ scalability. It can meet the needs of both ends of the market from the smaller, more specialised asset management company to the larger global
Michael Rosehill, Cavendishâs Finance Director, said, "Cost of implementation and functionality were important to us, as was DSTiâs commitment to its resources behind the products. Being well versed in implementation and their understanding of our business means their products are designed to meet our needs."
Cavendish Asset Management (CAM) manages funds for institutional and private clients over a wide spread of international stock markets and across a range of small and large companies. CAM currently has Â£300 million under management and is the fund management arm of Lewis Trust Group Limited, which is a privately owned trading and investment group.