Performance Measurement And Attribution Solution Earns High Marks In CEB TowerGroup’s Technology Assessment
DST Global Solutions, a leading provider of technology and data management solutions to the investment management industry, today announced that Anova Performance was named “Best-In-Class” by CEB TowerGroup in its “Performance Measurement Technology Analysis” Capital Markets Report.
Anova Performance, a comprehensive and highly scalable performance measurement and attribution solution for investment managers, was rated a “Best-In-Class” product in all four judged categories: enterprise support, integration capabilities, workflow management, and user experience.
Analysts for CEB TowerGroup, a leading research and advisory firm focused on the financial services industry, combined qualitative and quantitative data collected from interviews with industry experts, financial institutions, and vendors for this report. Vendor rankings were based on the firm’s proprietary five-point rating methodology that scores each product on 20 “Best-In-Class” attributes.
“We recognise that internal and external demands for transparency have compounded the pressure placed on our clients and the industry at large,” comments Julian Webb, Global Head of Investment Data Management and Analytics, DST Global Solutions. “Anova’s Best-In-Class recognition demonstrates our unwavering commitment to developing easy to integrate solutions that help confront these transparency challenges.”
Anova is utilised by more than 40 firms globally with assets under management ranging from $10 billion to nearly $3 trillion, covering multi-class and multi-currency strategies. CEB TowerGroup’s “Best-In-Class” recognition is the second award that Anova has won in 2013. Earlier in the year, Anova was named “Best Middle Office Solution” in the FTF News 2013 Technology Innovation Awards.
“Anova Performance’s capabilities offer a powerful performance measurement solution with a wide breadth of functionality,” said Gert Raeves, CEB TowerGroup Research Director. “The system registered high marks across the board, and, as the performance landscape evolves, I expect to see rising demand for and increased adoption of features such as configurable dashboards to see rising demand and increased adoption.”