BII custodian marketing manager, Mr. Octavianus Boyke said, "Based upon our benchmarking of vendor offerings, we feel that HiPortfolio/3 is one of the most comprehensive and proven investment accounting systems available in the Indonesian market. We also selected HiPortfolio/3 as it will fully accommodate our present investment accounting and custody needs in addition to supporting BIIâs future requirements. HiPortfolio/3 will also provide us with significantly improved reporting facilities and assist us with the integration of information from BIIâs other information technology systems. We are exceptionally pleased with DSTiâs commitment to the Indonesia market and look forward to a long-term working relationship between our two companies."
Rhonda Lepsch, DSTiâs Asia CEO and president director of PT DST International Indonesia said, "Indonesiaâs financial markets are growing at a rapid pace and we are delighted that BII, one of the main players in Indonesiaâs banking industry, has selected HiPortfolio/3 as its strategic solution for investment accounting and custody. HiPortfolio/3 is a unique international solution that also meets the domestic requirements of the Indonesia market. It is the ideal fit for BII because it is extremely flexible, whilst also being robust. This means HiPortfolio/3 can rapidly implement new financial instruments and global best practices as the capital markets in Indonesia continue to evolve and mature, thus enabling BII to maintain its competitiveness in the market.â
Rhonda Lepsch continued: âDSTi is highly committed to Indonesia with an office in Jakarta providing sales, consulting and support services to the Indonesian market with local resources and in the local language. Further, because of our local presence, we are able to keep abreast of new regulatory changes so that DSTi products are constantly updated with necessary functionality. We are delighted to be working with BII and look forward to supporting their business growth in the years ahead."
DSTi in Asia currently supports over 150 clients across 13 countries and currently has offices in China, Hong Kong, Indonesia, Singapore and Thailand, employing over 500 staff.