Stanlib, one of South Africa's largest asset managers, has implemented the HiPerformance and HiReporting products from DSTi following a project earlier in the year to merge its database-driven back-end and front-end financial systems.
Stanlib is the merged entity stemming from SCMB Asset Management, Liberty Asset Management, Standard Bank Unit Trusts and Liberty unit Trusts.
"We are pleased that our relationship with Stanlib continues to grow," says Marisa Bellini, general manager DSTi South Africa. "We are now looking forward to the full implementation of HiCompliance later this month."
Both SCMB and Liberty's asset management divisions have used DSTi's HiPortfolio/2 institutional back-office software for the last decade. SCMB's asset management division has also used DSTi's HiInvest front-office suite of applications for institutional fund managers for the past two years.