DST International acquires Askari

New angles

DST International, the software arm of US investment management services provider DTI Systems, has acquired State Street’s risk management software arm, Askari, for an undisclosed sum.

The sale by State Street appears to be part of an ongoing effort by the US financial services firm to divest business units that it believes are non-core. Askari, which will be renamed HiRisk when it is fully integrated with DST International, was founded by Peter Davies, who left the company to become vice-ch

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