The Anova hosted service is provided by DST Global Solutions' parent company DST Systems, which has operated world-class data centres in support of its financial services clients for more than 25 years. DST Systems is the market leader for mutual fund shareholder recordkeeping in the US, as well as data and information for many healthcare providers, banks, mortgage bankers and insurance companies from around the world.

The Anova hosted service will enable investment managers, from large institutions to small specialist boutique investment firms, to carry out investment analytics online in a highly cost efficient, secure and customised manner. As well as reducing the cost of ownership, the service is designed to enable rapid implementations. An additional benefit is that the Anova hosted service is designed to provide seamless accessibility to the enterprise-wide investment and risk analytics data from any location in the world, while supporting local compliance and regulatory requirements. Clients pay a single annual subscription for the service, which covers hosting, technology support and software upgrades.

Launched in November last year, Anova provides a suite of investment analytics applications for the middle office function on a global operating platform. Anova allows investment managers to gain a holistic view of their business critical financial, risk and analytical information. This is achieved through data aggregation and consolidation and customised 'self-serve' interactive 'role-based' dashboards.

Des Gallacher, Global Head, Data Management & Analytics at DST Global Solutions, commented, "Based on the considerable interest that we have been experiencing from the market since its launch, we expect that a significant percentage of Anova prospects, as well as existing clients, will choose the Anova hosted service."

Gallacher continued, "The service we offer will meet the scalability needs of our largest global clients, while being just as apppealing an approach to organisations at the other end of the spectrum. The service will help investment management firms stay ahead as their volumes increase and their organisations grow. We also pride ourselves on providing a highly secure, scalable and most importantly, cost efficient Anova hosted solution."