KANSAS CITY, Mo., Oct. 1, 2015 /PRNewswire/ -- DST (NYSE: DST), a global provider of strategically unified data management, business processing, and customer communication solutions, today announced it has been selected as winner of Money Management Executive's 2015 "Innovation in Back Office Efficiencies" NOVA Award.
The prestigious NOVA Award recognizes innovations in fund operations that demonstrate efficient use of technology, back-office personnel, and third-party providers in streamlining or restructuring to improve a firm's bottom line, products, or service.
DST was awarded first place for enhancements to its DST Vision HomeOffice™ website, which improved the speed and efficiency of back-office operations for financial intermediaries. Specifically, DST introduced a unique Dealer, Branch and Representative (DBR) management feature that enables broker-dealer and trust company home offices to effect advisor changes across more than 100 product companies within a single transaction. Powered by DST Sales Connect, DST Vision HomeOffice combines sales reporting and client relationship management software with a trade resolution and data management service to ensure accurate and timely data is available to participating fund families.
"It is a tremendous honor to be recognized as a leader in our industry, especially among so many worthy peers," said Scott Chelton, President of DST Asset Management Solutions. "This award demonstrates our commitment to building best-in-class business solutions for asset managers and is a testament to our team's hard work and continued dedication to meeting our customer's needs."
Presentation of the award will take place at NICSA's 2015 General Membership Meeting's Awards Luncheon, scheduled for Thursday, October 29, 2015 from 12:00-1:30 p.m. in the Grand Ballroom at the Hyatt Regency Boston. Kelle Hennier, Director of Home Office Solutions at DST will be present to accept the award on DST's behalf.
For more information on DST's solutions for shareowner recordkeeping and distribution support, visit dstsystems.com/solutions/asset-management or contact Kelle Hennier at [email protected].
About DST
DST Systems, Inc. is a leading provider of sophisticated information processing and servicing solutions to companies around the world. Through its global enterprise, DST delivers strategically unified transactions and business processing, data management, and customer communications solutions to the asset management, brokerage, retirement, and healthcare markets. Headquartered in Kansas City, MO., DST is a publicly-traded company on the New York Stock Exchange. For more information, visit www.dstsystems.com.
Media Contact:
Laura M. Parsons
DST Global Public Relations
816.843.9087
[email protected]
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