DST Global Solutions, a leading provider of investment management systems and services, today announced a strategic relationship with analytical and operating efficiency tool provider Northfield to provide DST Global Solutions clients with specialised fixed income attribution capabilities. Northfield’s “Everything Everywhere” global equity and fixed income model has been integrated into DST Global Solutions’
award-winning middle office analytics platform, Anova. This market-leading functionality, together with other powerful functional modules within Anova, such as Anova Performance, provides investment managers with greater control over and increased visibility into fixed income performance and attribution.
Dan DiBartolomeo, President of Northfield, said, “Increased stock market volatility, particularly since the 2008 global credit crisis, has made the management of fixed income based investments extremely difficult for investment managers. The use of our analytic capability within Anova will enable investment managers to accurately track and report on the market impact on client portfolios, including attribution for a broad range of fixed income instruments.”
Des Gallacher, Global Head of Data Management and Analytics at DST Global Solutions, commented, “The post-Lehman market has completely transformed investor priorities. Full transparency into portfolio performance and control is now a standard requirement-it is not an optional luxury. We look to Northfield’s “Everything Everywhere” model to meet investment manager demand for a rich, highly specialised view of the impact of their investment decisions so that they can exercise maximum control over their holdings.”
Arun Sarwal, CEO of DST Global Solutions’ Investment Management Solutions division, added, “This relationship exemplifies our strategy to provide the investment management industry with seamless access to best-of-breed solutions to meet the needs of varying investment strategies. This approach has been well received by the market we serve and is encouraging us to accelerate the enrichment of Anova.”
This new offering is now available globally to customers of both DST Global Solutions and Northfield. It follows completed technical integration work in
Q4 2010 of Northfield’s fixed income attribution technology with DST Global Solutions’ award-winning Anova Middle Office analytics platform and suite of applications.
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