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DST Global Solutions wins the ICFA European Asset Servicing Technology Vendor of the Year Award for second year in a row

London, 28th November 2011 - DST Global Solutions has been named ’European Asset Servicing Technology Vendor of the Year‘ at the prestigious 8th Annual ICFA European Awards 2011 for the second year running. DST Global Solutions was chosen from a shortlist of five finalists by a panel of independent judges.

Jonathan Green, Publisher of ICFA, commented on DST Global Solutions’ win, “The ICFA European Awards champion best practice and innovation in the securities servicing industries. Judged by an independent panel, winners must demonstrate excellence in several criteria. We are delighted to recognise DST Global Solutions for their impressive dedication to the advancement of their Asset Servicing products and services over the past year with the award for 'European Asset Servicing Technology Vendor of the Year - the first time a vendor has won the award two years in succession.”

Tom Abraham, CEO at DST Global Solutions, commented: “We are extremely pleased to see HiPortfolio® being recognised again this year. This award confirms HiPortfolio, our flagship asset servicing product as one of the leading solutions in the asset management industry.  In our ongoing efforts to optimise investment operations for our clients globally, we have delivered significant projects for major global, European and Asian firms throughout the course of this year. We see this award as recognition of the contribution we have made to our clients and the industry during 2011.”

Arun Sarwal, Head of the Investment Management Solutions division added, “Winning this award and maintaining our position as ‘European Asset Servicing Technology Vendor of the Year’ underlines the value of the hard work applied by some 175 members of our Asset Servicing team across the globe in the execution of the HiPortfolio roadmap to ensure HiPortfolio meets the ongoing challenges within our industry.”

As a leading Asset Servicing solution, HiPortfolio is at the heart of over 160 investment management firms in over 35 countries globally supporting each day critical Asset Servicing functions to help them remain competitive, efficient and in control of their business.

The ICFA Awards recognise service quality, achievements and commitment to the industry.

The judging panel for the awards was formed by: Bruce Lawrence, Founder, HBL Consultancy; Dr Chris Sier, Director of the Financial Services Knowledge Transfer Network; Werner Frey, Managing Director, Association for Financial Markets, Europe; and Neil Dennington, Principal, AT Kearney.

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