Financial services software and services vendor SS&C Technologies Holdings has acquired DST Global Solutions Ltd., a subsidiary of DST Systems, Inc., for $95 million in cash, giving SS&C strategic advantages via DST’s presence in the EMEA and Asia Pacific regions. SS&C financed a $75 million portion of the purchase price by drawing down on its… Read More >>
DST Global Updates Anova
DST Global Solutions, a subsidiary of DST Systems, Inc., which provides business processing, customer communications and data management solutions, has launched Anova 3.1, an enhanced version of its modular solution for performance measurement and fixed income attribution. Anova enables users to model the investment process with a choice of industry-leading attribution and yield curve models,… Read More >>
An Infosys Exec Moves to iGATE as DST Hires from Eagle
iGATE Taps Infosys Exec for President and CEO Consulting, technology and business process outsourcing vendor iGATE has appointed Ashok Vemuri to be its next president and CEO, replacing Gerhard Watzinger, who has been the interim president and CEO since May 2013. Watzinger will remain with iGATE in an advisory role temporarily to assist with Vemuri’s… Read More >>
Marianne Brown to continue as head of Omgeo as the DTCC buys out Thomson Reuters
Marianne Brown will stay on as president of Omgeo as the DTCC buys out Thomson Reuters Marianne Brown will continue to serve as president and CEO for Omgeo as the DTCC begins its acquisition of the other half of the post-trade services provider from market data and news giant Thomson Reuters, ending a 50-50 partnership… Read More >>
Survey Finds Asset Managers Want to Centralize Investment Data as Interactive Brokers Embraces ISO 20022 for Corporate Actions
Aite Group Finds Support Growing for Investment Book of Records Approach Asset managers and wealth management firms are moving toward an unobstructed, holistic view of their investment data as they embrace an investment book of records (IBOR) approach, says Rick McCarthy, vice president of sales and marketing for the Americas at DST Global Solutions. The… Read More >>
