Displaying items by tag: DST Global Solutions

Australia’s financial services sector is lagging behind other sectors in online transactions, with the industry urged to lift its game and invest more in IT to maintain competitiveness.

DST Systems subsidiary DST Global Solutions has appointed a new manager for the Asia Pacific region management for its Anova Performance software solution.

Rapid growth in Australia’s retirement savings pool is forcing greater investment in technology by superannuation funds to drive product innovation and productivity gains, according to market comment and analysis of the latest Bureau of Statistics report.

The fax and the phone still reigns when it comes to some aspects of financial asset management. Although any delays in processing information introduce costs and risks into financial transactions one link in the chain remains steadfastly manual.

Software and IT services vendor for the investment management industry, DST Global Solutions, has expanded its client relationship team in the Australian and New Zealand regional market as the company seeks to broaden its product and services offerings.

IT services and software provider to the investment management industry, DST Global Solutions, has appointed a new chief of its global data management and analytics business.

DST Global Solutions, a market-leading provider of Investment Management software and services, today announced a new major release of the Bluedoor wealth management system for investment administration and registry. The latest Bluedoor 2.0 release offers financial institutions, fund administrators and asset managers seamless Direct Equities Trading, Model Portfolio and Term Deposit STP capabilities all on the one technology platform.

DST Global Solutions (DST GS) today confirmed that Suncorp Life, a division of Suncorp Metway, is now able to support Australia's new legislation for the Taxation of Financial Arrangements (TOFA).

DST Global Solutions, a leading provider of technology solutions to the financial services industry, has been named 'European Asset Servicing Technology Vendor of the Year' at the prestigious 7th Annual ICFA European Awards 2010. DST Global Solutions was chosen from a short list of eight nominees by a panel of independent judges.

DST Global Solutions, a leading provider of business solutions and services to the global investment management industry, today announces the launch of Anova, a platform that for the first time enables a global operating model to be implemented across the entire middle office analytics ecosystem.

DST Global Solutions is celebrating after winning the 'Highly Commended' award at this week's prestigious Mortgage Finance Gazette Awards in the 'Best Use of Technology' category. The awards recognise the achievements of people and lenders, while identifying the best products from the top providers.

DST Global Solutions today confirmed the successful completion of phase one of its Taxation of Financial Arrangements (TOFA)-ready program throughout key client sites within Australia. The enhancements to its flagship investment administration management solution, HiPortfolio, were co-developed with the company's Advanced User Group (AUG) community to prepare for the administration of the new legislation responsible for the commercial recognition of gains and losses. The initial TOFA-ready sites include members of this network of fund managers, third party administrators and custodians such as National Australia Bank, BNP Paribas Securities Services and J.P. Morgan Worldwide Securities Services Australia and New Zealand.

ING Australia has gone live with DST Global Solutions HiPortfolio® to be able to better manage its cross-investment processing. ING Australia has been an indirect user of HiPortfolio through an outsourcing provider since 2002, and is now internalising this operation. ING Australia considered several alternatives before selecting HiPortfolio. For ING Australia, the solution has the requisite functionality and it facilitates efficiencies with their licensed custodian who also uses it. The solution made for a lower-cost implementation which took place over a six month period.

Coal mining industry fund leverages fund offerings with improvements to operating efficiency and customer service for its members

Australia's leading custodian, NAB Asset Servicing, a division of National Australia Bank (NAB), has successfully implemented DST Global Solutions Investment Management Solutions' (IMS) HiPortfolio® propagation functionality for Tax and Accounting. Jointly developed by NAB and DST Global Solutions IMS, the new administration enhancement will be used at a legal entity level for one of NAB's largest superannuation fund clients in order to help optimise tax parcels and reduce the fund's tax liability.

DST Global Solutions (DST GS) today confirmed its support for technology recommendations arising from the Cooper Review into superannuation. The company believes that the business case for investment in systems renewal to take full advantage of straight through processing (STP) as defined by the Cooper Review is overwhelming and can no longer be ignored by industry participants.

DST Global Solutions has announced the newest version of the AWD process management application, AWD10 - a comprehensive and customisable solution designed to manage transaction processes, service experiences and complex cases. AWD10 extends the value currently delivered to clients through new, intuitive interfaces, streamlined process design functionality, and multiple new features designed to improve operational quality and efficiencies via flexible service delivery models.

HiPortfolio, Australia's leading investment management administration platform, has been enhanced to embrace the country's Taxation of Financial Arrangements (TOFA). Coming into full effect from 1 July 2010, the TOFA Act will align taxation more closely with the commercial recognition of gains and losses.