DST Global Solutions, a provider of business solutions and services to the investment management industry, has launched Anova, a platform that enables a global operating model to be implemented across the entire middle office analytics ecosystem.
Middle office analytics operations are often fragmented from both the geographic and analytical application perspectives. This causes inefficiencies and multiple points of failure, and increases the cost of ownership.
According to the company, Anova is designed to change this scenario. It supports uninterrupted, round-the-clock global operations whilst providing the ability to access multiple analytical applications seamlessly, using a single set of aggregated data.
Anova covers all areas of middle office analytics – performance measurement, equity analytics, fixed income analytics, risk management, GIPS and post trade and regulatory compliance.
According to DST Global, although Anova is designed for investment firms of all sizes, it will also be of significant benefit to asset managers that have operations in more than one time zone, and to those that have off-shored activities or are considering this strategy for their middle office.
Anova’s Global Operating Platform is expected to provide the ability to access the firm-wide analytical suite from any location worldwide, delivering a 24×7 continuous operation.
The platform assembles the mass of analytical information generated across a plethora of applications and at multiple venues. It aligns application solutions with analytical needs, recognizing that different combinations of analytics are used by asset class, styles, and risk and return profiles.
DST Global Solutions CEO for Investment Management Solutions business line Arun Sarwal said that that it is no longer just about getting analytics, it’s about getting the right analytics to the right people on time and with accurate content.
"The challenges are about aggregation and consolidation of processes and information with a scalable and cost efficient global operating model. Today this can be achieved through our Anova platform," Sarwal said.