Financial Technology

Financial Technology

February 20, 2013

DST Global Solutions Ramps Up Anova Team in Asia Pacific

Anova is a solution that delivers post-trade data management, analytics and multiple reporting channels to help financial institutions make informed investment decisions and demonstrate portfolio performance. To accelerate the adoption of Anova by financial institutions in the Asia Pacific region, DST Global Solutions has appointed two new managers to its Anova team in the region. John Hogan (News - Alert) is appointed as Regional Anova Solution Manager, Australia and New Zealand, and Daniel Kennedy will become the Regional Anova Solution Manager, Asia.

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Investment management firms keep striving for tools that can enable them in smarter, data-driven decision-making to their investment processes and also help them in effectively manage their clients and operations. Anova’s integrated suite of products are designed to facilitate this by delivering post-trade investment data management and analytics and reporting capabilities, thus fulfilling the growing demands of asset managers and wealth managers.

Julian Webb, global head of data management and analytics, said in a statement, “We are delighted to appoint managers of John and Daniel’s calibre to our team. Data transparency, due diligence and client service are increasingly important for the investment management industry. Anova’s capability to aggregate data from disparate systems into a single data store for enrichment and reporting will help firms respond to demands for detailed investment information presented in an insightful way.”

Webb added, “There is a tremendous opportunity to increase productivity in the investment industry with fragmented technology systems that are causing inefficiencies, multiple points of potential failure and increased costs for investment managers. Anova has already been adopted by many globally, including several in Asia Pacific. These appointments demonstrate DST’s commitment to servicing financial institutions at a local level in Asia Pacific, and we wish John and Daniel every success in further developing these markets.”

Both Hogan, who is based in Melbourne, and Kennedy, who is based in Singapore, will be reporting to Webb. They will work with locally based business development teams servicing these markets.

Edited by Rachel Ramsey

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