DST International (DSTi) says PT First State Investments Indonesia (FSI Indonesia) has implemented HiPortfolio/3, its portfolio administration system.
PT First State Investments Indonesia is a wholly-owned subsidiary of Colonial First State – Global Assets Management (CFS-GAM), which was formed in Australia in 1988. The firm offers unit trusts, mutual funds and institutional portfolio services to Asian investors, covering global as well as Asian equity and fixed income markets.
“HiPortfolio/3 is the favoured platform for managing our portfolios, and our view is that it will become the long-term solution of choice for the industry in Indonesia,” says President Director Legowo Kusumonegoro of FSI Indonesia. “This new version provides improved reporting throughout the business and will assist us in the integration of information flow between all our other software systems.”
Rhonda Lepsch, DSTi’s CEO Asia, says DSTi is committed to the Indonesian market. “We have just recently opened our new office in Jakarta,” she says. “PT DST International (Indonesia) will provide local sales, consultancy and support services to our Indonesian clients across all of DSTi’s solutions. We are also very excited about the future potential of the Indonesian market, especially given the recent positive economic advances that have been made in the country.”