DST Global Solutions, a leading provider of technology and data management solutions for the investment management industry, today announced the release of Anova 3.0, the latest stage in the firm's continuing investment in its post-trade investment data management solution.
Designed to help firms adapt to the evolving regulatory environment, Anova 3.0 includes a range of new features that deliver powerful Compliance functionality. In addition to an enhanced ability to create powerful and functionally rich custom dashboards, Anova 3.0 allows key Compliance metrics to be monitored within a comprehensive investment data management framework.
According to Julian Webb, Global Head of Investment Data Management and Analytics, DST Global Solutions, Anova's latest enhancements address the burdens placed on investment managers by upcoming regulation.
"Given the amount of regulatory change coming up in the next couple of years, it's no surprise that asset and wealth management firms are becoming increasingly strategic in their approach to Compliance," says Webb. "We know from the recent survey we undertook with Aite Group that two out of three wealth managers are, in fact, moving toward more strategic approaches. As the volume of regulation increases, the development of a holistic, strategic solution like Anova 3.0 is vital."
The Anova suite of award-winning products is designed to deliver post-trade data aggregation, comprehensive performance measurement and analytics, position keeping, Compliance, and a range of reporting options. Anova 3.0 enhancements include improved performance measurement and attribution functionality with additional dashboards and GIPS® Compliance features.
Anova's reporting functionality is also upgraded with the introduction of Report Books, new reports, and updated report components.
"In today's intraday environment, the rapid visualization of investment data is as important as its availability," says Webb. "That's why the latest version of Anova embeds multiple standard dashboards to seamlessly provide aggregated metrics to users in real time."