KANSAS CITY, MO – OCTOBER 5, 2017 - DST Systems, Inc. (NYSE: DST), a leading global strategic advisory, technology, and operations outsourcing company, today announced it was honored with two NICSA 2017 NOVA Awards - one for Innovation in Product Development and Marketing for its risk and compliance intelligence suite, and the second for Mike Akins as a NOVA Emerging Leader in the Asset Management Industry.
The NOVA Award for Innovation in Product Development and Marketing recognizes trendsetting product development and marketing. The recipients of this award demonstrate outstanding leadership in concept development and delivery resulting in "game changing" investment products or services.
DST recognized the industry's need to find new ways to help financial services firms in their compliance programs and show proof of oversight. DST's Risk and Compliance Intelligence Suite provides tools to assist with various compliance and supervisory testing activities across an organization through a single platform. The Risk and Compliance Intelligence Suite helps firms scale up their compliance programs, optimize their resource footprint and spend, and drive transparency as needs dictate – all through an integrated compliance framework.
Nick Nichols, Vice President of Risk and Compliance Intelligence at DST, in accepting the Innovation in Product Development and Marketing Award on behalf of the Company, said, "We greatly appreciate this recognition by NICSA for the work of our dedicated team and our drive toward excellence in innovation. We are proud of our achievements and consider it a win every time we help companies address some of the complexities of maintaining regulatory compliance and dealing with new forms of risk."
Mike Akins, Senior Vice President and Head of ETFs at ALPS, a subsidiary of DST, was also honored this year as one of NICSA's NOVA Emerging Leaders in the Asset Management Industry. This award recognizes investment professionals demonstrating excellence in performance innovation with outstanding contributions to the development of the asset management industry.
"We are proud to be recognized by NICSA this year for all our hard work in the ETF space at ALPS." said Mr. Akins.
This year's awards presentation took place today, October 5, at NICSA's 2017 General Membership Meeting in Boston.
DST Systems, Inc. (NYSE: DST) is a leading provider of specialized technology, strategic advisory, and business operations outsourcing to the financial and healthcare industries. DST enables clients to transform complexity into strategic advantage by helping them continually stay ahead of and capitalize on ever-changing customer, business, and regulatory requirements in the world's most demanding industries.
Through its subsidiary companies, ALPS Holdings, Inc. is a leading provider of innovative investment products and customized servicing solutions to the financial services industry. Founded in 1985, Denver-based ALPS delivers its asset management and asset servicing solutions through offices in Boston, Golden, New York, Seattle, and Toronto. ALPS is a wholly-owned subsidiary of Kansas City-based DST Systems, Inc. For more information about ALPS and its services, visit www.alpsinc.com. Information about ALPS products is available at www.alpsfunds.com.
Laura M. Parsons
DST Global Public Relations