The solution will re-engineer its âend to endâ fund management and reporting processes, providing a consistent and reconciled source of data for fund managers and financial accounting, regulatory and tax reporting. Eiji Fukumuro, Daiwa SBIâs company secretary/compliance officer, said, "The new look and feel of HiPortfolio/3 makes it a great deal faster to navigate around, and going forward, the point in time recovery capabilities is an excellent risk mitigator. HiPortfolio/3 has outstanding reporting capabilities and because it is integrated with Crystal Reports, this adds enormous flexibility and will
mean that our marketing team can directly benefit from the advanced presentation quality.
HiPortfolio/3 also allows us to export in a variety of different formats including HTML and XML, giving us the possibility of using our reports to communicate effectively both with our clients and head office in a timely manner."
Mr Fukumuro added, "We looked at a variety of different systems and opted to use HiCompliance for our pre and post trade compliance because itâs flexibility met all our needs. By utilising a mirror database with HiPortfolio/3, it met our requirements for tight/real-time integration."
Kim Holloway, DSTiâs global sales director, said, "This further validates the success of DSTiâs strategy to complement our fund accounting system by delivering more services into the front office. By providing Straight Through Processing and entering correct data early in the process, Daiwa SBIâs
efficiency will be greatly improved. Daiwa SBI extends our HiCompliance user base and joins such prestigious names as ISIS, SWIP, Stanlib and UBS."