Asset management systems provider DST International (DSTi) has opened an office in Beijing. “Ten China-based insurance and asset-management firms have joined our client list since 2004, and we felt the time had come to open in the capital city," comments Rhonda Lepsch, CEO, DSTi. "Having a presence in Beijing will allow us to further strengthen our relationships with the regulators here and key industry participants," says Lepsch.
DSTi opened in Shanghai in 2004, at the same time as the company undertook a research and development programme aimed at assessing ways to localise its investment-management solutions to meet the needs of the China market. "That helped us to achieve success here over the past three years," remarks Lepsch.