Anova for Wealth Management named as “Best-in-Class” in Technology Report

London and Boston, MA - 6 February 2013

CEB TowerGroup Technology Assessment Ranked Providers on Critical Product Attributes

DST Global Solutions, market-leading provider of technology and data management solutions for the investment management industry, today announced that in the CEB TowerGroup Wealth Management report Anova was named “best-in-class”. Anova scored “best-In-class” in three categories, Advisor Experience, Risk Management and Enterprise Support categories.

CEB TowerGroup combined qualitative and quantitative data from interviews with industry experts, financial institutions and vendors as the basis for this report. Vendor rankings are based on their proprietary five point rating methodology that scores each product on 20 “best-in-class” attributes

“Economic and regulatory uncertainty have put more pressure than ever on the wealth management advisor to enhance the service they provide to their clients,” says CEB TowerGroup Research Director Darrin Courtney. “Tools that allow advisors to easily configure tailored reports, and deliver those reports to clients via multiple channels, will meet the growing demand for in-the-moment access and transparency. At an enterprise level, systems that offer integrated and automated solutions will provide the audit trails and workflow support necessary to meet the requirements of an increasingly more stringent and complicated regulatory and business environment.”

“We are pleased to receive such credible validation from the CEB Tower Group,” comments Rick McCarthy, Managing Director, Americas for DST Global Solutions. “Of major concern to our clients globally is transparency and oversight of the investment process. Anova for Wealth Managers offers extensive flexibility for financial advisors and RIAs while providing the level of scalability necessary for retail operations. The robust functionality makes it a strong platform for small-to-large, global wealth management firms and private banks.”

Julian Webb, Global Head of Data Management & Analytics, DST Global Solutions commented, “DST Global Solutions is dedicated to powering the data driven investment industry. Our Anova suite of products helps enable investment firms of all types and sizes to aggregate analyze and distribute investment information internally and to clients and regulators.”

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