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Dion Global jumps on developing interface with Cofunds

15 Nov 2012 Evaluate

Dion Global Solutions is currently trading at Rs. 25.20, up by 1.15 points or 4.78% from its previous closing of Rs. 24.05 on the BSE.

The scrip opened at Rs. 25.20 and has touched a high and low of Rs. 25.20 and Rs. 25.20 respectively.

The BSE group 'T' stock of face value Rs. 10 has touched a 52 week high of Rs. 54.20 on 27-Feb-2012 and a 52 week low of Rs. 17.10 on 14-Aug-2012.

Last one week high and low of the scrip stood at Rs. 25.20 and Rs. 22.70 respectively. The current market cap of the company is Rs. 162.00 crore.

The promoters holding in the company stood at 59.46% while Institutions and Non-Institutions held 4.59% and 35.95% respectively.

Dion Global Solutions has developed an electronic interface between its Invantage solution and the leading financial services platform, Cofunds. The interface delivers straight through processing for the dealing and administration of Cofunds holdings. The solution is now available to all mutual clients using Dion’s Invantage or Portfolio solution and has a very short implementation timescale.

The interface is already live at Heartwood Wealth Management. It reduces both manual processes and rekeying of data exchanged between Cofunds and Dion’s Invantage solution. The direct connection offers a full service across fund execution, settlement, asset servicing and commission management, providing important time savings while ensuring both systems are fuelled with accurate, validated and up to date information.

Dion Global Solutions provides market leading software to financial situations across the globe. Employing over 600 highly experienced and knowledgeable staff within the Finance and IT industries, Dion’s solution covers portfolio management, trading, settlement, risk management, compliance, analytics, messaging and workflow and research services and information products.

Dion Global Solution Share Price

2.25 0.00 (0.00%)
18-May-2020 18:01 View Price Chart
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