London â DST International (DSTi), the leader in business solutions for the investment management industry, announces today that Bangkok Bank Public Company Limited, Thailandâs largest commercial bank with approximately US$ 30.5 billion in total assets has signed for an upgrade to HiPortfolio/3 and for a total integration of their front, middle and back office through the additional DSTiâs Front Office and Performance Solutions.
This new suite of products, scheduled to go live in the third quarter of 2006, enables straight-throughprocessing for the bankâs fund management operations at head office in Bangkok, Thailand. Next to this efficiency benefit, DSTiâs Front Office and Performance Solutions will provide the bankâs dealers and fund managers with better tools to improve their performance, in addition to supporting
the compliance unit with the monitoring of both internal and external and external regulations.
Rhonda Lepsch, DSTiâs Chief Executive Officer Asia comments: "We are obviously delighted that Bangkok Bank has recognised our strong commitment to the Thai marketplace â we have enhanced HiPortfolio/3 with full local Thai bond functionality. We have been working with Bangkok Bank for nearly ten years and we are proud that they are the first institution in Thailand to opt for our fully
integrated solution across their fund management operations. This means they will derive a maximum operational efficiency benefit, which frees up valuable resources to focus on their core business: achieving maximum investment return for their clients."