About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

DST Global Solutions ups Ante in China with New Biz Dev Team, Yu to Head

Subscribe to our newsletter

In line with its global expansion plans and a spate of recent new hires, investment management solution provider DST Global Solutions has added a new business development team to its on the ground presence in China. The team will be headed by Nancy Yu, who was previously head of sales for DST Global Solutions’ China and Hong Kong operations, and will be responsible for the introduction of new business solutions, as well as the identification of partnership and acquisition opportunities in the Chinese market.

The vendor has been present in the Chinese market since setting up shop in 2001 and this year has confirmed its commitment to the local market by launching a new website dedicated to servicing customers in the region. The new business development team will work alongside DST Global Solutions’ existing Investment Management Solutions (IMS) and Business Process Management (BPM) business teams, with a special focus on exploring new business initiatives and on introducing the full range of DST’s products and services to the Chinese market.

Yu has worked on many of DST Global Solutions’ largest deals in Asia, including China Life Asset Management Company (CLAMC), AEGON and AEGON-CNOOC. Chinese institutional investment firm CLAMC completed the rollout of the HiPortfolio/3 investment accounting solution in March this year with a view to increasing its STP and allowing its managers to more effectively monitor their portfolios.

Yu explains the plans for growth: “Over the last eight years, DST Global Solutions has been fortunate to be able to build a solid knowledge ground for the Chinese capital market by working with some of the largest institutional investors in China. So far our activities in China have been focused on delivering our IMS software solutions to our clients, and we will continue to expand this side of our business. With the establishment of this new business development team, we will look for opportunities to extend our presence in China to include a range of new solutions and services, including risk and performance analytics, reconciliation tools, investment platforms and automated workflow processes. I believe this move also sends a clear message to the market that we continue to maintain a positive outlook for the Chinese market and will continue to invest in China.”

Tom Abraham, CEO of DST Global Solutions, adds: “The creation of this new team represents the next stage in our growing commitment to the Chinese marketplace. We intend to further expand our offerings to Chinese institutions to enhance their ability to compete globally. This team will nurture a number of new initiatives in the coming year.”

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: How to optimise SaaS data management solutions

Software-as-a-Service (SaaS) data management solutions go hand-in-hand with cloud technology, delivering not only SaaS benefits of agility, a reduced on-premise footprint and access to third-party expertise, but also the fast data delivery, productivity and efficiency gains provided by the cloud. This webinar will focus on the essentials of SaaS data management, including practical guidance on...

BLOG

SIX Invests in BITA to Enhance Global Benchmark Platform and Expand Indexing Technology Services

SIX, the Swiss financial data and market infrastructure provider, has made a strategic investment in BITA, the indexing technology and services company. The move aims to bolster a range of ongoing joint projects and fast-track the global expansion of SIX’s benchmark platform. Existing BITA shareholders, including ETFS Capital, Volta Ventures, and Pamica NV, have also...

EVENT

Data Management Summit London

Now in its 14th year, the Data Management Summit (DMS) in London brings together the European capital markets enterprise data management community, to explore how data strategy is evolving to drive business outcomes and speed to market in changing times.

GUIDE

What the Global Legal Entity Identifier (LEI) Will Mean for Your Firm

It’s hard to believe that as early as the 2009 Group of 20 summit in Pittsburgh the industry had recognised the need for greater transparency as part of a wider package of reforms aimed at mitigating the systemic risk posed by the OTC derivatives market. That realisation ultimately led to the Dodd Frank Act, and...