DST International (DSTi) announced that CCLA Investment Management Limited (CCLA) selected DSTi’s Investment Accounting Solutions, HiPortfolio/3, the Open Messenger STP component, and DSTi’s Market Data Management Solution.
DSTi’s solutions will replace CCLA’s existing back office system along with in-house developed OMS, compliance and unit pricing systems. It will provide an integrated front-to-back office solution that incorporates: Portfolio Modelling, Order Management, Compliance (pre and post trade), Fund administration and accounting, Unit Pricing, Market Data Management and STP. CCLA will be taking a phased approach and will begin by replacing the existing investment accounting system in the back office in early 2006.