The QED Anova Platform supports improved delivery of portfolio analytics and information to pension funds, endowments and public finance entities
DST Global Solutions, a leading global provider of software technology and services to the investment management industry, today announced its strategic alliance with QED Financial Systems (QED). QED is a leading provider of financial data management software and services to the enterprise investment community, serving its market and client base for more than 25 years. The alliance focuses on the promotion of a joint comprehensive offering of Anova, DST Global Solutions’ investment data and analytics platform, with QED’s accounting foundation platform. The joint offering, called the QED Anova Platform, offers flexible performance, aggregation and distribution of data for middle office compliance to public finance entities, endowments, pension funds and treasury institutions.
“QED’s trusted experience in the public and private sectors complement our core performance measurement, data aggregation and analysis expertise. This alliance will provide increased transparency and facilitate in-depth analysis and customized reports that will meet both internal compliance needs and investors’ expectations,” explains Rick McCarthy, Managing Director, Americas, DST Global Solutions. “The public sector’s specific internal regulations for exposures and compliance place an increased operational burden on funds. As such, managers are concerned about their middle and back office infrastructure, which diverts attention away from portfolio management. The QED Anova platform assists managers in ensuring that their funds are compliant without incurring unnecessary administrative burden.”
DST Global Solutions’ Anova provides around the clock access to highly scalable analysis and aggregation of the data residing on the QED accounting platform, ensuring only high quality data is used in the middle office. The QED Anova Platform will streamline the reporting and compliance processes of the public sector reducing its dependence on manual processes and spreadsheets. Automation will increase efficiency and provide transparency into the treasury function from both an internal and external perspective. Users will be able to monitor and review reports internally and also access them externally using a secure portal.
“To protect investors from today’s economic volatility, firms and pension funds are diversifying their portfolios through alternative investments. While this is good news for investors, it means internal systems must be able to provide meaningful presentations that accurately quantify the increased risk exposure,” states Joseph Potesta, President and CEO of QED Financial Systems. “As such, our strategic alliance with DST Global Solutions will bring peace of mind to our public sector clients. Our core competencies in portfolio accounting, coupled with DST Global Solutions’ expertise in investment data aggregation and analytics will give managers and investors customizable access to their portfolio analytics, making the reporting process more transparent.”
The QED Anova platform is now available to current and prospective QED Financial Systems and DST Global Solution Clients.