Caledonia Investments signs to update its existing HiPortfolio investment accounting solution

20 August 2008

Caledonia Investments Pty Limited (Caledonia), a boutique Australian investment manager, today confirmed that it will move to the latest version of the DST International (DSTi) global investment accounting solution, HiPortfolio for its Australian operations.

Caledonia manages approximately A$3.0 billion FUM as at 31 December 2007 for a select group of high net worth investors. Established in 1992, Caledonia selected its first solution from DSTi in 1993 and today remains one of the longest term proponents of the HiPortfolio investment management solution.

The latest version of HiPortfolio provides highly robust and scalable end-to-end capabilities and functionality designed to benefit companies of all sizes.

Mr. Ian Mathieson, CEO of DSTi in Australia and New Zealand, said, “We are pleased that Caledonia elected to remain with the DSTi solution. HiPortfolio is certainly suitable for deployment in investment organisations of varying sizes as it still provides the tools to deliver the same high quality control over asset and fund administration activities for large or small organisations.”

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