DST Global Solutions completes company accreditation in CIPM with the joining of operations in Asia

Singapore - 22 December 2009

DST Global Solutions has launched the Chartered Financial Analyst Institute’s (CFA) Certificate in Investment Performance Measurement (CIPM) program to its Asia business. Over the past 18 months, the company’s entire performance measurement solutions division has been awarded the CIPM certification program credential. Asia is the latest region to undergo the training, considered as the industry standard for performance measurement.

Rhodri Roberts, DST Global Solutions’ Head of Performance for Asia, said: “The CIPM serves as a valuable tool for our business as it demonstrates our dedication to excellence in the provision of performance measurement solutions to the investment management industry.

"The certificate also provides our clients with external, objective verification that DST Global Solutions delivers performance measurement solutions that are based on industry standards and best practice.”

The CIPM program offers the industry’s only designation dedicated solely to the specialised field of investment performance evaluation and presentation. It is designed to test candidates’ mastery of a specialised curriculum in the areas of ethics and performance evaluation, as well as the application of the Global Investment Performance Standards (GIPS®). GIPS are a set of standardized, industry-wide ethical principles that provide investment firms with guidance on how to calculate and report their investment results to prospective clients.

DST Global Solutions and Colin Morrison, a member of GIPS’ Executive Committee and an independent industry consultant, have been working in close collaboration on a number of initiatives in order to promote best practice and stimulate greater interest in the ever more sophisticated field of performance measurement.

Des Gallacher, Head of Performance Solutions at DST Global Solutions, added: “The CIPM certification is a critical extension of DST Global Solutions’ investment in its performance solution (HiPerformance). We continually invest in HiPerformance to help the application’s functionality meet ever increasing market demands. Part of this investment goes towards enabling our staff to actively track trends in the performance measurement field and communicate the impact of these trends along with suggestions for necessary actions to our clients.”

Amongst other qualities, the certification recognizes a practitioner’s proficiency in applying analytical techniques and preparing GIPS-compliant presentations that guide investment firms in fairly representing and fully disclosing performance results.

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