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DST International Signs Distribution Agreement with CA Legend for China Business

  • 22 July, 2003 10:34

<p>Sydney 22 July 2003 - DST International (DSTi) - the leader in business solutions for the investment management industry - today announced that they have selected Beijing CA-Legend Software Co. (CA Legend) in China to distribute it's HiRisk product.</p>
<p>CA Legend, a joint venture between Computer Associates and Legend, combines the forces of one of the largest global software companies (Computer Associates) with one of China's largest computer hardware companies (Legend). Beijing CA-Legend has established distribution channels throughout China and is known for it's high quality products and services.</p>
<p>Clark Zhang, Computer Associates-Legend CEO said, "In line with the fast growing Chinese economy the Chinese financial markets are experiencing rapid growth. Due to the phenomenal pace of this growth, most financial companies currently lack efficient risk-management systems. This required the availability of a globally leading tool to help them implement global standards of risk management. CA Legend, a very famous software distributor in China, extensively researched and investigated the Chinese risk management market. We then went in search of a risk management tool that met the needs of the market now and in the future. After an extensive and exhaustive search we found HiRisk to be the most suitable to the market. CA Legend is delighted to be working with a global leader such as DSTi to distribute this industry leading software to customers in China."</p>
<p>"One of the reasons that we chose CA Legend was primarily because the two companies that formed the joint venture are both huge names in the computing industry. We are delighted to have them represent DSTi in China and we look forward to a long and successful partnership," commented Ian Mathieson, Managing Director, DST International Australia.</p>
<p>About DST International (DSTi)
With 16 offices and over 1000 professionals to support its growing client base, DST International provides a unique and comprehensive range of investment management and work management software solutions and related services to over 550 clients in 55 countries.</p>
<p>About DST Systems, Inc.
Our parent company, DST Systems provides sophisticated information processing and computer software services and products that help clients improve productivity, increase efficiencies, and provide higher levels of customer service. DST is organized domestically and internationally into three operating segments: Financial Services, Customer Management, and Output Solutions. DST operates one of the most advanced data centres in the world, which provides information-processing services to support the products within each operating segment. These products are further enhanced through the integration of DST's advanced technology and e-commerce solutions.</p>
<p>About CA Legend
Established in March 2001, Beijing CA-Legend Software Co., Ltd. Grew out of Shenzhen Legend-CA Software Co., Ltd. That was established in Jan. 1999. As the second China-seated joint venture company of Computer Associate (CA), a world leading business software company, Legend-CA Software Co., Ltd. Fully combined the advantages of CA and Legend Group together and devoted itself to the supply of business support software. Within only half a year since its establishment, the company successfully launched Wending, a creative object database-oriented application system developing and operating environment.</p>
<p>For more information please visit www.dstinternational or contact:</p>
<p>Cathryn van der Walt, 12 Worlds Pty Limited
Tel: +612 9501 1931, Email:</p>

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