DSTi announces expansion in Switzerland

DST International (DSTi), a leading provider of software and business process management solutions to the investment management industry, announced today that a subsidiary office will be opened in Zürich in the final quarter of 2007. DSTi currently serves over 700 clients in 55 countries, and this will bring its number of regional offices around the world to 20.

This Swiss operation will be headquartered in the financial district in Zürich, and will be headed up by Martin Unterbäumen, who joins DSTi from Odyssey FinancialTechnologies where he was Area Manager.

Martin Unterbäumen said, “I am very excited to have been asked to set up an operation in Switzerland to complement the company’s other European offices in Frankfurt, Paris and London. I believe there is much potential in the region and the new office should facilitate an excellent level of service to our Swiss clients.”

Kim Holloway, Director of Sales for DSTi, said, “We have attracted a number of important blue chip investment management and financial services clients in Switzerland. Our philosophy is to deliver value to our clients and build long term relationships. Our decision to open an office in Zürich demonstrates a long term commitment to our Swiss clients, and also reflects our view that the region offers significant potential for business growth in our sectors. We are also delighted to welcome Martin Unterbäumen as our Business Development Manager, who has worked in Switzerland for many years and brings extensive knowledge of business software and solutions for the banking and investment sectors.”

The new office is expected to open in the final quarter of 2007.