Nedbank Investor Services (NIS), part of Nedbank Corporate, goes live with the DST Internationals (DSTis) investment accounting system, HiPortfolio/3.
NIS offers integrated clearing, settlement, securities lending, investment accounting and trustee services for its investors, asset owners and treasuries in South Africa and Namibia.
Implementing HiPortfolio/3 NIS confirms strong attitude towards client service, relationship management, value and commitment. HiPortfolio application will be installed in over 550 retail and institutional investment management sites worldwide.
We believe that to provide superior service we needed to be affiliated with top class service providers such as DSTi, says Louise Currie, general manager, NIS. The choice of provider was relatively easy to make as DSTi has a substantial share of the South African market, standard solutions that cater for the necessary functionality, competitive pricing and a dedicated and knowledgeable support team in South Africa.
NIS will look to DSTis HiPortfolio/3 solution to help automate many of its manual procedures, assist in improving accuracy and provide a full transaction history, says Premie Naicker, chief executive officer, DSTi, Africa.
L.D.