LONDON, June 15 /PRNewswire/ --     DST Global Solutions, a leading technology solutions provider to the
investment management industry, is set to establish a centre of excellence
for risk management. DST Global Solutions announced last month that it is
investing more R&D into solutions such as Askari, its risk management
offering. This is the next stage following the company's re-launch and its
new management structure. The centre of excellence will be run by Jill
Douglas, Global Head of Risk, who will lead the team at a crucial time in
risk management.

Transparency and risk management are now among the top five fund manager
selection criteria, according to Deutsche Bank's 7th Annual Alternative
Investment Survey. Furthermore, an August 2008 report from the Counterparty
Risk Management Policy Group (CRMPG III) noted that the magnitude of losses
seen at many firms indicated that their stress testing methodologies needed
refinement, were not consistently applied, were too rigidly defined, or were
inadequately developed. The team at DST Global Solutions believes that now is
the time risk managers must act.

Jill Douglas, Global Head of Risk, DST Global Solutions predicts,
"Institutions that do not undergo a cultural shift in their approach to risk
management could suffer further losses and damage to their reputation. Senior
management and third parties, such as investors, now require evaluation of
business risks, asset allocation and broader stress testing, not only to
quantify the impact of exceptional events, but also to uncover the firm's or
portfolio's vulnerabilities. To help meet this need, we are establishing a
centre of excellence for risk management. The aim is to provide thought
leadership in these areas. Our dedication to the Askari solution demonstrates
DST Global Solutions' commitment to giving our clients a strategic
advantage."

As the role of the risk manager is changing, DST Global Solutions' Askari
solution provides the tools for the creative mind. Advanced stress testing
provides the flexibility to re-create any historical event, as well as
forward-looking scenarios and market moves. The full-revaluation methodology
is ideal to produce accurate loss estimates under extreme variation of
financial variables. The approach is transparent and captures fat-tails as
well as unstable correlations. It includes integrated market and credit risk
management functionality to evaluate as well as manage the impact of issuer
and counterparty defaults. The instrument coverage is extensive including
credit derivatives and illiquid assets.

Notes to editors:

About DST Global Solutions

With some 20 offices and over 1,700 professionals to support its growing
client base, DST Global Solutions provides a unique and comprehensive range
of investment management and business process management software solutions
and related services to 700 clients in 55 countries.

Contact details
    Cognito
    Jennifer Cole
    +44(0)207-438-1100
    Jennifer.cole@cognitomedia.com