DST International (DSTi), a provider of business services to the financial services industry, aims to strengthen its market in China by opening a new office in Beijing.
DSTi opened its office in Shanghai more than three years ago and at the same time embarked upon a significant research and development program in order to localise its investment management applications to meet the requirements of the China market. DSTi’s investment management software consists of full front, middle and back office functionality that is designed to meet the processing requirements of both the international and domestic China markets.
“Over the past three years DSTi has achieved tremendous success in the China market,” says Rhonda Lepsch, DSTi CEO for Asia. “Since establishing a Wholly Foreign Owned Enterprise in Shanghai, China, in 2004, 10 China-based insurance and asset management firms have been added to DSTi’s extensive and growing global client list. As our client base grows in Beijing, we felt the need to open an office in the capital city in order to better service and support our clients here. Further, given the frequent advances and developments in the China market practices, having a presence in the capital city will allow us to further strengthen relationships with the regulators and key industry participants, a move that is very important to our continued success in China.”