DST Systems

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DST Systems, Inc.
Type Public
Traded as NYSEDST
Founded 1969
Headquarters Kansas City, Missouri
Key people Steve Hooley (CEO)
Website www.dstsystems.com

DST Systems Inc. is an American software development firm that specializes in information processing and management. 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.

DST Systems, Inc. is headed by CEO Steve Hooley, and CFO Gregg Givens. Internationally, many of DST Systems products are sold by its subsidiary DST Global Solutions. DST Systems affiliates are DST Worldwide Services,[1] DST Global Solutions,[2] DST Health Solutions [3]

DST Systems has made its presence in India in 2000 as DST Worldwide Services India. DST Worldwide Services India Private Limited was formerly known as DST Global Solutions India Private Limited and changed its name in December 2008. The company was incorporated in 2000 and is based in Hyderabad, India. DST Worldwide Services India Private Limited operates as a subsidiary of DST Systems Inc.

Key Executives For DST Worldwide Services India Private Limited are
Mr. Krish V Krishnan President
Ms. Manjula Cherukuri Head of Finance
Mr. Monty P. A. Bharali Director and Head of HR
Mr. Tilak Raj Panjabi Country Head
Mr. Rama Evani Senior Director and Head for IT Services
[4]
DST Worlwideservices has opened a new branch in Pune Commerzone Pune Maharashtra. The new office will support the delivery of global information technology services through DST Worldwide Services, a wholly owned subsidiary of DST. The Pune office will open with an initial capacity of over 500 seats, with full operations commencing in first quarter 2014. According to Krish Krishnan, President of DST Worldwide Services, the Pune location provides access to a new workforce across several competency areas, in addition to meeting an in-country Business Continuity Planning (BCP) objective. "We considered other cities across India, and Pune provides us the greatest ability to leverage specific talent available in a location," says Krishnan. "Given our aggressive growth trajectory, we are very excited to expand to a second site in India." DST Worldwide Services currently employs nearly 1,500 associates at its other India location in Hyderabad to handle mission-critical information technology and processing functions for clients. In addition to its significant India operations, DST also has offices in Thailand and the U.S. DST Worldwide Services has been offering information technology, business process outsourcing and consulting services to a variety of industries around the world since 2008. [5]

Competition[edit]

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 [6] as well as International Financial Data Services [7] in Canada, the United Kingdom and beyond.



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.[8]

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.

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