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Anova for Wealth Management Named as “Best-in-Class” in Technology Report

DST Global Solutions, market-leading provider of technology and data management solutions for the investment management industry, today announced that in the CEB TowerGroup Wealth Management report Anova was named “best-in-class”. Anova scored “best-In-class” in three categories, Advisor Experience, Risk Management and Enterprise Support categories.

CEB TowerGroup combined qualitative and quantitative data from interviews with industry experts, financial institutions and vendors as the basis for this report. Vendor rankings are based on their proprietary five point rating methodology that scores each product on 20 “best-in-class” attributes

“Economic and regulatory uncertainty have put more pressure than ever on the wealth management advisor to enhance the service they provide to their clients,” says CEB TowerGroup Research Director Darrin Courtney. “Tools that allow advisors to easily configure tailored reports, and deliver those reports to clients via multiple channels, will meet the growing demand for in-the-moment access and transparency. At an enterprise level, systems that offer integrated and automated solutions will provide the audit trails and workflow support necessary to meet the requirements of an increasingly more stringent and complicated regulatory and business environment.”

“We are pleased to receive such credible validation from the CEB TowerGroup,” comments Rick McCarthy, Managing Director, Americas for DST Global Solutions. “Of major concern to our clients globally is transparency and oversight of the investment process. Anova for Wealth Managers offers extensive flexibility for financial advisors and RIAs while providing the level of scalability necessary for retail operations. The robust functionality makes it a strong platform for small-to-large, global wealth management firms and private banks.”

Julian Webb, Global Head of Data Management & Analytics, DST Global Solutions commented, “DST Global Solutions is dedicated to powering the data driven investment industry. Our Anova suite of products helps enable investment firms of all types and sizes to aggregate, analyze and distribute investment information internally and to clients and regulators.”

To request a copy of the report please email anova@dstglobalsolutions.com.

Technology Assessment Disclaimer:

The Corporate Executive Board Company (CEB) does not endorse any vendor, product or service depicted in our CEB TowerGroup publications and does not advise technology users to select only those vendors rated "best in class." CEB TowerGroup research publications consist of the opinions of CEB TowerGroup's analysts and should not be construed as statements of fact. CEB disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

About DST Global Solutions

DST Global Solutions, a wholly owned subsidiary of DST Systems, is a leading provider of technology solutions and services to financial and utilities organizations across the globe serving more than 300 client organizations from 13 offices internationally.

We focus on powering the data driven investment industry by offering financial technology solutions to the world’s investment and wealth management industry. HiPortfolio® is our award-winning and market-leading asset servicing solution, which is at the heart of over 160 investment institutions globally. HiPortfolio helps investment management firms optimize the investment operations in asset servicing, fund accounting, post-trade operations and data management and helps firms remain competitive, efficient and in control of their business. Anova is our innovative solution that provides post-trade investment data aggregation, analytics and reporting and helps to address the key challenges of data management within financial services today. Through our Customer Management Solutions division, we provide robust, reliable and feature-rich customer management and billing applications worldwide.

About Business Wire
Copyright © 2009 Business Wire. All rights reserved. Republication or redistribution of Business Wire content is expressly prohibited without the prior written consent of Business Wire. Business Wire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

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