China Life Pension picks new portfolio system

China Life Pension, a subsidiary of the mainland’s biggest life insurer, has implemented DST’s middle- and back-office portfolio-valuation system as it develops its relatively new investment-management activities. The firm has chosen DST Global Solutions’ HiPortfolio system, because the vendor is also providing its software to other group companies, says Yong Wang, head of IT at China Life Pension in Beijing. The system will enable it to perform valuations of the investment portf…