|[June 26, 2014]
DST Strengthens Anova IBOR Capabilities to Give Asset Managers Better Decision-Making Information
SYDNEY & HONG KONG & LONDON & BOSTON --(Business Wire)--
DST, a global provider of strategically unified data management,
business processing, and customer communication solutions, today
announced strategic enhancements to its Anova product suite designed to
provide global asset managers increased visibility of intraday positions
and valuations to help drive investment decisions.
Anova's new functionality, referred to as an Investment Book of Record
(IBOR), addresses the need for buy-side firms to consolidate real-time
report DST Global Solutions' commissioned with Aite Group indicated
a growing need for asset managers to have data updated intraday in order
for front offices to have accurate information across regions and asset
According to Julian Webb, Head of Data Management and Analytics at DST
Global Solutions, there is an increased market appetite for flexible
IBOR solutions that can function independently of both front and back
"IBOR is not a one-size-fits-all concept and we recognize the varying
challenges global firms are facing when implementing this kind of
solution," says Webb. "The ability to visualize positions across asset
classes and regions intraday is essential for firms looking to have
better information on which to base their investment decisions."
Anova IBOR consumes transactions and events in real-time from multiple
sources and provides asset managers with improved visibility of their
investment positions, including:
Enterprise -wide view of positions and valuations tha is continuously
Positions that reflect all trading activity and business events
Decomposition of positions according to position state
Ability to forecast positions into the future
Ability to view positions at prior dates
"To function effectively in a complex systems environment, where an
investment manager may have multiple order management systems and more
than one outsourced provider, IBOR has to be truly independent of the
front and back office," says Webb. "We believe that Anova IBOR is one of
the few solutions designed specifically for this scenario."
DST Global Solutions will be participating in the IBOR panel at
WatersTechnology's inaugural Buy-Side Technology Asian Summit 2014 being
held today in Singapore. Additionally, DST is participating in a joint
European and North American webinar focusing on IBOR, also taking place
today. To register, visit: http://goo.gl/xg0kdD
Anova IBOR is now available on general release. More information is
available at DST
Global Solutions' website.
DST Systems (News - Alert), Inc. is a leading provider of sophisticated information
processing and servicing solutions to companies around the world.
Through its global enterprise, DST delivers strategically unified data
management, business processing and customer communications solutions to
the asset management, brokerage, retirement, and healthcare markets.
Headquartered in Kansas City, MO., DST is a publicly-traded company on
the New York Stock Exchange. For more information, visit www.dstsystems.com.
About DST Global Solutions
DST Global Solutions, a wholly-owned subsidiary of DST Systems, Inc., is
a leading software and technology solutions provider to financial and
utilities organizations across the globe. Serving more than 300 client
companies from 12 offices internationally, DST Global Solutions helps
power the data-driven investment industry with award-winning asset
servicing and data management solutions like HiPortfolio® and Anova.
Through its Customer Management Solutions division, DST Global Solutions
provides robust, reliable, and feature-rich customer management and
billing applications worldwide. For more information about DST Global
Solutions visit http://dstgs.com
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