UK-based ISIS Asset Management, an investment company formed by the merger of Friends Ivory & Sime and Royal & SunAlliance Investments, is to extend its deployment of DST International's (DSTi) software to include front office product HiInvest.
The vendor already uses DSTi's HiData solution for data management and HiMessaging product for company-wide STP. Under the new contract, ISIS will roll out HiInvest across its fund management operations.
The firm will also extend its implementation of back office solution HiPortfolio - currently used to manage original funds and those from the newly acquired Royal & SunAlliance business - to include support for its outsourcing services for financial services group Friends Provident.
Ewen Melling, IT director, ISIS, says the decision to extend the contract was based upon DSTi's proven track record at RSA Investments (the recently acquired R&SA subsidiary) and the commitment to the ongoing development of the product suite.
DSTi says it has signed up eight new clients to its HiInvest front office software over the past six months.