DST International’s (DSTi’s) Investment Data Platform on Oracle has been implemented at Swiss Re Asset Management (SRAM).
Swiss Re has been a DSTi client for nine years. DSTi’s specialist asset management technology has been used to build an investment data hub to streamline the firm’s existing complex data architecture.
The solution is comprised of a central data warehouse with inputs from multiple source systems (both internally developed and third party) and outputs to multiple destination applications and systems.
Phase 1 of this latest implementation was completed in six months, according to the vendor. Further phases of the project adding more upstream and downstream systems are scheduled for completion in 2007.
“SRAM expects to benefit from streamlined data processing and improved business reporting,” says Steve Cheng, head of investment data solutions at DSTi. “This would allow them to grow their business without a corresponding increase in operating costs while offering a better standard of service to their customers.” As a result clients will benefit from enhanced reporting and transparency relating to their investment portfolios, he adds. DSTi’s investment data platform replaced a complicated data architecture at SRAM, with multiple point-to-point connections that led to duplication of effort and reconciliation needs and created complexity when upgrading systems.