Attribution on an ASP basis allows access to the market leading risk and performance solutions without having to invest in the technology and staff to operate and support these systems.
Clients will be able to use any of the solutions either on a standalone basis or combined. They will send portfolio and transactional data to the ASP to be processed; DSTi will manage the benchmark and other market data as well as running the calculations. Results will be available via reports, downloads or enquiries via the internet.
Mike Winn, DSTiâs CEO, said, "This is an extension to the already successful ASP service weâve been providing for over five years. Most recently our HiRisk ASP offering has been very well received and we will continue to strengthen our position by providing the same service for our HiPerformance and Fixed Income Attribution solutions. "The industry is increasingly demanding simplified management of applications and the data used in them, DSTi is perfectly placed to provide this service. DSTi can manage the loading and cleansing of market data. Having accurate data is key to any successful risk and performance solution."
DSTi expects to have the ASP service ready for both Europe and North American in the second quarter of this year and towards the end of this year for the Asia Pacific region.