DST International, a provider of business solutions for the investment management industry, has announced that Banco Comercial de Macau has completed the implementation of DSTi’s mutual fund administration system HiTrust.
Banco Comercial de Macau (BCM) bank became a member of the Dah Sing Group following the completion of the acquisition of BCM by Dah Sing Bank. As a provider of investment funds in the Hong Kong market, Dah Sing Bank offers a wide range of funds to its customers, through its lump sum and saving plan investment services and is also using DST International’s (DSTi) HiTrust system.
Rhonda Lepsch, CEO of Asia Pacific region at DSTi said: We are truly delighted to welcome BCM as DSTi’s first client in Macau. Dah Sing Bank has gained a reputation as one of the most progressive and innovative financial services groups in the Asia region. We are very pleased that the Dah Sing group of companies has selected DSTi’s HiTrust solution to support their business expansion in the region. With the accelerating growth of personal wealth in Asia, one of DSTi’s primary objectives is to provide solutions to the mutual fund and wealth management industries in Asia and to support the increasingly sophisticated and high volume processing requirements that are associated with this rapid growth.