Bangkok--15 May--DST International
DST International (DSTi), a leading provider of investment management solutions to the asset management, work management and securities industries, has officially opened its new office in Bangkok’s Central Business District on 8 May 2007. Mr. Chaiyoot Chamnanlertkit, Executive Vice President from The Stock Exchange of Thailand and Mr.Montree Sornpaisarn, Chief Executive Officer from Kim Eng Securities (Thailand) PCL were invited as an honour guest for the ribbon cutting ceremony together with Ms. Rhonda Lepsch, CEO of DST International, Asia and Mr. Thomas Abraham, Group CEO of DST International. The new office at Fenix Tower is situated on Sukhumvit Road. It will position DSTi Thailand to continue
its rapid expansion, accommodating up to 1000 associates.
DSTi has offered a range of development, implementation and support services to clients in Thailand for over twelve years, having previously operated from CRC Tower. It has rapidly grown during that period, with a large percentage of the growth being driven by the Bangkok
Offshoring Centre (BOC), which was set up in 2001. The BOC originally had 22 employees providing IT Development and Support Services to clients in Thailand, but now has over 450 employees servicing clients in the U.S., Canada, U.K. and Asia across a wide range of technical platforms. The move to Fenix Tower will allow for further expansion and will provide 8,100 square metres of office space, which has been equipped using state-of-the-art design concepts and includes facilities for training, conferences and staff amenities.
Rhonda Lepsch, DSTi Asia’s CEO, said, “Having quickly outgrown the space available at CRC Tower, we undertook a 12 month project to find and move into a new office location which would provide easy access to our 40+ clients in Bangkok. The new office space also will accommodate the rapid expansion of our Bangkok Offshoring Centre, which serves clients around the world. Fenix Tower has proved an ideal solution, both in terms of location and facilities. The spacious layout, colour scheme and facilities have been extremely well received by clients and staff alike. This major investment by DSTi represents a significant commitment to Thailand and our future expansion in the Asia region.”
In addition to the BOC, which supports DSTi clients 24 hours a day, DSTi Thailand currently offers a range of solutions for asset managers and custodians, including front, middle and back office systems. DSTi’s Trading Solutions provides a trading platform for brokers and their clients in Thailand to connect to and execute trades with the Stock Exchange of Thailand (SET) and Thailand Futures Exchange (TFEX), DSTi Business Process Management Solutions provides workflow automation solutions to financial clients in Thailand.
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