DST In The News
Second Quarter
2002
June, 2002—Paperless Workflow Systems Help Decrease Costs While Increasing Efficiency and Productivity, Employee Benefit Plan Review
DST's Automated Work Distributor (AWD), an imaging and workflow solution, brings cost reductions, increased productivity and improved customers service to many industries.
May 21, 2002—DST Adds 401(k) Search Tool, Investment Wires
Financial advisors will be able to access the tools of Search401k through the Vision portal with a single sign-on.
Quarter 2 2002—Big Boys' Toys: Mutual Funds in the US, Wealth Services Technology, special supplement to STP Magazine
Article discusses many of the innovations and challenges present in US mutual fund processing. DST has made great strides in providing customer services and accessibility to investment information for shareholders and intermediaries as well as leveraging technology to support a range of new investment products.
April 1, 2002—DST Expands its Vision to Include Annuities, Annuity Market News
DST Vision has added four of the largest annuity manufacturers and will begin offering sales processing through a seamless interface to AnnuityNet. DST consulted several annuity carriers regarding the interface design and hopes to add significant annuity volume this year.
First Quarter
2002
March 28, 2002—Case Study: Workflow. Growing Firm Seeks Paperless Efficiencies, Insurance & Technology
Article illustrates how Ohio National Financial Services improved operational efficiency with DST's Automated Work Distributor (AWD) imaging and workflow solutions.
March, 2002—Reengineering the Separate Account, Bloomberg Wealth Manager
Technology must be improved for separately managed accounts. DST's entry into the administration of managed accounts leverages proven solutions used in the mutual fund arena and looks to the establishment of sponsor interfaces to gain market share.
Feb. 17, 2002—Building the Back Office to Support MDAs, Fund Action
The article discusses that the challenges in the administration required to support multiple discipline accounts could hinder potential market entrants in offering this type of investment vehicle. DST supports multiple discipline accounts with its MAP product.
Feb. 17, 2002—What it Takes to Build a 529 Plan Infrastructure, Fund Action
Many 529 plan asset mangers often choose to outsource back-office functions to a third-party administrator. DST's TA2000 fully supports 529 plans and provides self-servicing capabilities, transaction processing, consolidated statements, and call center support.
Feb. 4, 2002—DST's Vision Adds Annuities to Product Mix, Ignites.com
Vision has added four of the top variable annuity providers, Nationwide Financial, Manulife Financial, Pacific Life, and the Hartford, making Vision the only portal that gives advisors access to their clients' fund and variable annuity accounts.
Jan 13, 2002—DST Creates Portfolio Tool For Vision, Fund Action
DST Systems has enhanced the Vision portal to provide user-defined portfolios. Financial intermediaries can store, view, edit and combine individual accounts using Advisor Defined Portfolios within Vision.
Fourth Quarter
2001
November 15, 2001—Brinson to Introduce Managed Accounts, Fund Marketing Alert
Brinson Advisors' managed accounts program, Private Wealth Solutions, is built on DST's Managed Account Platform and offers more efficient transaction and processing capabilities than previously known in the managed accounts industry.
Third Quarter
2001
Fall/Winter 2001—Good Business: Mixing Business with Art Gives a New Perspective, Art
The article focuses on the idea that involvement in the arts can be good for business and highlights DST's long commitment to the arts. DST's sponsored arts festival, held this summer, recognized the performing and visual arts of many associates and their families.
August 19, 2001—Oppenheimer Signs on For DST's Vision, Fund Action
OppenheimerFunds is planning to connect with DST Systems' Vision Web portal for financial intermediaries, giving the DST portal critical mass in consolidating investment information across multiple fund families and variable annuities. Vision has participation from over 150 fund families and variable annuities including such firms as Alliance Capital Management, American Funds, MFS Investment Management, Lincoln Financial Group, the AIM Family of Funds and now, OppenheimerFunds.
August 13, 2001—John Hancock To Introduce Wireless Account Access, Financial Net News
John Hancock is working with technology vendor, DST Systems, to roll out wireless account access. Investors will be able to access retirement and non-retirement accounts through various hand-held devices.
Aug 13, 2001—DST's New Wrap Account Software Challenges CheckFree, Securities Industry News
DST Systems, the Kansas City, MO based mutual fund record keeping giant, last week threw its hat in the burgeoning wrap account ring by annoucing plans to launch a new software platform for separately managed accounts as early as Nov. 1.
Aug 8, 2001—DST Readies Offering, WrapAccountWire.com
Fund platform giant DST Systems is jumping into the managed account business. DST's aim is to lower the cost of doing business for managers and providers in the managed account space much as it has done in the fund business. The new platform will offer both mulitlingual and multicurrency capabilities along with integrated workflow and asset management tools to streamline processing and decrease servicing costs.
Aug 7, 2001—DST Systems Develops Separately Managed Account Platform, Mutual Fund Market News
Mutual fund companies are entering the separately managed account segment of the industry, so too is the mutual fund service provider DST Systems. The company announced that it is planning to launch their managed account platform in the fourth quarter of this year. The new platform is an adaptation of existing systems DST has developed to service institutional and high-net-worth money management.
Second Quarter
2001
June 11, 2001—Does Being a Cowtown Require the Presence of Cows?, The New Yorker
The author casually discusses the move of a local familiar landmark in Kansas City’s downtown, a Hereford bull. As a local company with a reputation as a good corporate citizen, DST briefly is mentioned for it’s impressive restorations of downtown buildings.
June 7, 2001
BusinessWeek’s Fourth Annual list of best performing technology companies worldwide ranks DST at #82.
May 15, 2001—Winning Profiles; From 1 to 50, the Region’s Top Public Companies, The Kansas City Star
DST is profiled and listed as number 6 in the region’s top 50 public companies.
May 7, 2001—Mutual Fund Research; Sites Sort Through Ocean of Mutual Fund Data, Investment News
This article recommends web sites that help financial advisors find and compare the over 11,000 mutual funds to choose. www.dstvision.com enables financial intermediaries such as broker dealers, registered representatives and financial advisors to access mutual fund and variable annuity account histories, perform transactions and account maintenance with a single id and password in a real-time environment.
April, 2001—Buy Side Says Take Care in Assessing Technology, Wall Street & Technology
DST’s president and CEO, Thomas McDonnell, addressed the 19th annual National Investment Company Service Association’s (NICSA) Operations conference with his encouraging ideas on identifying relevant technology and use it to implement new and creative solutions.
First Quarter
2001
March, 2001—2001 Transfer Agent Service Rankings; Remote Service Provider, Mutual Fund Service Guides
DST Systems, Inc is the leader in remote service providers.