20 October 2017
Register now

DST Anova gets new functionality for Ibor processing

26 June 2014  |  1488 views  |  0 Source: DST

DST, a global provider of strategically unified data management, business processing, and customer communication solutions, today announced strategic enhancements to its Anova product suite designed to provide global asset managers increased visibility of intraday positions and valuations to help drive investment decisions.

Anova's new functionality, referred to as an Investment Book of Record (IBOR), addresses the need for buy-side firms to consolidate real-time positions.

A recent report DST Global Solutions' commissioned with Aite Group indicated a growing need for asset managers to have data updated intraday in order for front offices to have accurate information across regions and asset classes.

According to Julian Webb, Head of Data Management and Analytics at DST Global Solutions, there is an increased market appetite for flexible IBOR solutions that can function independently of both front and back office solutions.

"IBOR is not a one-size-fits-all concept and we recognise the varying challenges global firms are facing when implementing this kind of solution," says Webb. "The ability to visualise positions across asset classes and regions intraday is essential for firms looking to have better information on which to base their investment decisions."

Anova IBOR consumes transactions and events in real-time from multiple sources and provides asset managers with improved visibility of their investment positions, including:

• Enterprise -wide view of positions and valuations that is continuously updated
• Positions that reflect all trading activity and business events
• Decomposition of positions according to position state
• Ability to forecast positions into the future
• Ability to view positions at prior dates

"To function effectively in a complex systems environment, where an investment manager may have multiple order management systems and more than one outsourced provider, IBOR has to be truly independent of the front and back office," says Webb. "We believe that Anova IBOR is one of the few solutions designed specifically for this scenario."

DST Global Solutions will be participating in the IBOR panel at WatersTechnology's inaugural Buy-Side Technology Asian Summit 2014 being held today in Singapore. Additionally, DST is participating in a joint European and North American webinar focusing on IBOR, also taking place today.
Anova IBOR is now available on general release.

Comments: (0)

Comment on this story (membership required)

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.niceactimize.comvisit www.fivedegrees.nlvisit www.innotribe.com

Top topics

Most viewed Most shared
Ripple looks to drive bank adoption with $300m XRP rebate programmeRipple looks to drive bank adoption with $...
16004 views comments | 12 tweets | 4 linkedin
satelliteGates Foundation backs Ripple collaboratio...
8236 views comments | 13 tweets | 10 linkedin
HSBC partners Bud for open banking trialHSBC partners Bud for open banking trial
7329 views comments | 20 tweets | 25 linkedin
IBM uses blockchain to improve cross-border payments processingIBM uses blockchain to improve cross-borde...
7240 views comments | 9 tweets | 17 linkedin
Sibos 2017: API or the highwaySibos 2017: API or the highway
6521 views comments | 10 tweets | 21 linkedin

Featured job

Competitive base, double ote, benefits
London, UK

Find your next job