DST Systems

DST Systems, Inc.

Type	Public
Traded as	NYSE: DST
Founded	1969
Headquarters	Kansas City, Missouri
Key people	Thomas McDonnell (CEO), Steve Hooley (President), Kenneth Hager (CFO)
Revenue	$ 1.74 billion (FY 2011)
Operating income	$ 260.1 million (FY 2011)
Net income	$ 178.2 million (FY 2011)
Total assets	$ 3.4 billion (FY 2011)
Total equity	$ 835.7 million (FY 2011)
Employees	12,300 (December 2011)
Website	www.dstsystems.com

DST Systems Inc. is a software development firm that specializes in information processing and management, with the goal of improving efficiency, productivity, and customer service. DST was founded in 1969 as Data-Sys-Tance, a division of Kansas City Southern Industries, and is currently headquartered near Kansas City Southern's headquarters on Quality Hill in Kansas City, Missouri.

DST Systems Inc. produces the AWD, or Automated Work Distributor, software package, which is a business process management solution. Its primary purpose is to increase back-office efficiency through workflow and imaging. It also helps to reduce paper in the office, moving businesses towards the paperless office.

DST Systems, Inc. is headed by CEO Thomas McDonnell, President Steve Hooley, and CFO Kenneth Hager. Internationally, many of DST Systems products are sold by its subsidiary DST Global Solutions.DST Systems affiliates are DST Worldwide Services, DST Global Solutions, DST Health Solutions

Competition

DST Systems main competition includes Envision Financial Systems, PFPC, SunGard, Northern Trust and US Bancorp Fund Services. DST Systems also does business, through a joint venture with State Street Corporation, as Boston Financial Data Services as well as International Financial Data Services in Canada, the United Kingdom and beyond.

DST Global Solutions

DST Global Solutions, a wholly owned subsidiary of DST Systems Inc., is a leading provider of technology solutions and services to financial and utilities organisations worldwide serving more than 300 client organisations from 13 offices internationally. They focus on powering the data driven investment industry by offering financial technology solutions to the world’s investment and wealth management institutions. HiPortfolio® is their award-winning and market-leading asset servicing solution, which is used by over 160 investment institutions globally.

HiPortfolio helps investment management firms optimise 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 their new 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. They also have a Customer Management Solutions division, providing customer management and billing applications worldwide.

DST Global Solutions has its headquarters in the London suburb of Surbiton, United Kingdom and 13 offices in 9 countries with over 550 staff and over 300 clients based in 45 countries.

The current Chief Executive Officer is Arun Sarwal, who took over in September 2012, from Tom Abraham.

DST Global Solutions, competes with a number of companies in each local region as well as global competitors. For example for fund accounting SunGard, SimCorp, Linedata Services are all global financial companies. In data management competition comes from VistaOne (formerly Netik), Eagle and Cadis. In the Performance Measurement arena it is BI-SAM and StatPro in the main.

For more information about DST Global Solutions, visit: http://dstglobalsolutions.com/ims. Twitter @DST_GS

DST Vision

DST Vision is a website that helps financial intermediaries manage the myriad tasks associated with portfolio aggregation, management and reporting on their client accounts. It provides advisors no-cost access to client account information from more than 370 mutual fund, variable annuity and REIT companies at a single web site. Launched in 1998, today it is used by more than 100,000 advisors. Vision is integrated with TA2000, DST's record-keeping platform used by many mutual fund, insurance and REIT companies. An estimated 80% of mutual fund transactions worldwide are processed via DST's record keeping systems.^{[citation needed]}

Patent applications were made in 1999 for unique aspects of Vision, primarily the technical infrastructure that enables simultaneous presentation of data from DST's own system as well as data from external systems, so a financial intermediary could see account information from multiple institutions for a shareholder in a real-time environment. In 2007 DST was awarded a patent for Vision, US Patent No. 7,275,046: Simultaneous Access to Real-Time Financial Information.

In 2010, DST Vision began offering a premium version, called Vision Professional, at a low monthly cost to advisors. This premium version includes brokerage data from major clearing firms and expanded, customizable reports.^{[citation needed]}

Further reading

• Huo, Jeremy. Asia Asset Management, May 2008
• Lepsch, Rhonda L. "The Changing landscape of fund administration technology", Asian Investor, November 2007
• Abraham, Tom. "Relieving the Pain Points." Global Custodian, June 2008

External links

• DST Systems Inc.