DST International (DSTi) has released a new version of HiDataWarehouse that integrates with HiRisk, DSTi’s risk management solution. It means HiDataWarehouse can now act as the data hub for the entire DSTi middle and front office solution set including HiPerformance (DSTi’s performance measurement and attribution solution), HiReporting (DSTi’s reporting facilities for asset managers), and HiFrontOffice (DSTi’s portfolio modelling and ‘what if’ analyses solution).
With the new release, clients now can base ex-ante risk analysis on the same consistent security master, holdings, transactions, hierarchy and benchmark data as they use in their front and middle office applications. Ex-ante risk and ex-post performance results can be consolidated within a single data store. This data can support detailed analysis, enquiries, and support client and management reporting.
“This latest integration highlights DSTi’s policy to continue to enhance our product offering,” says Mike Winn, DSTi’s CEO. “In the case of HiRisk, we acquired the Askari software with a strategic motive. We wanted to integrate the best risk solution available with our existing product set, particularly HiPerformance, which is the leading performance solution on offer. This allows our clients to incorporate ex-ante risk data with ex-post analysis in their reports. Investment managers can now easily pinpoint the exact sources of risk and return in relation to each other. We believe the entire issue of risk is becoming increasingly important to asset managers; DSTi continues to lead the market in this area.”