Latest DST Global Solutions News: Finextra Research

Old Mutual Wealth ditches IT supplier IFDS

The wealth management arm of Old Mutual has terminated its contract with IFDS for an IT platform upgrade worth hundreds of millions of pounds over concerns about cost and time overruns.

02 May 2017

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SS&C acquires DST Global for $95 million in cash

Connecticut-based SS&C Technologies Holdings, has acquired DST Global Solutions for $95 million in cash, providing a platform for growth in Emea and Asia Pacific.

02 December 2014

/retail

Weaker earnings at Vasco and DST drag Finextra50 lower

Weaker than expected earnings for several US fintech stocks dragged the Finextra50 Financial Technology Index down one percent to 85.80 on Friday in a week that saw very few companies post significant gains. Orc and Advent were among those bucking the trend.

28 April 2008

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DSTi buys Mosiki Development

Investment management vendor DST International (DSTi) has acquired Mosiki Development, a Boston-based consulting and software firm specialising in financial services technology. Financial terms of the deal were not disclosed.

21 August 2007

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Finextra50 climbs 2.74% to 102.36

Strong performance in the US markets last week, which saw the Dow Jones Industrial Average and S&P 500 hit record highs driven by optimism about the state of the US economy, helped the Finextra50 to climb above 100 for the first time. Vasco Data Security, Fiserv and Fidelity NIS saw the biggest increases.

04 June 2007

/regulation

Finextra50 dips slightly to 99.56

The Finextra50 Financial Technology Index closed last week slightly down, with falls in Reuters and Cognizant a major contributor, while many of the index's smaller cap stocks saw steady gains, particularly in Europe.

29 May 2007

/regulation

Finextra launches Finextra50 fintech index

The Finextra50 Financial Technology Index is a free-float value weighted index of the world's leading companies that provide technology-based products and services to the financial services industry. It was set at an indexed value of 100 at market close on Friday 4th May 2007. Our weekly update on the index's movements will provide a framework for analysing trends in the financial technology market, particularly vendor consolidation - a trend that shows no sign of slowing down.

11 May 2007

/retail

DSTi Wraps up PAS acquisition

Investment management software vendor DSTi has acquired UK pensions planning and calculations firm Pensions and Acturial Services (PAS), as part of its strategy to develop comprehensive Wrap admin services for financial advisors.

06 February 2006

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DSTi names SunGard's Pam Pecs Cytron EVP North America

UK-based investment management software vendor DST International (DSTi) has appointed SunGard's Pam Pecs Cytron as executive vice president of its North America operations.

12 August 2004

/regulation

Suncorp Investment Management rolls out DSTi's HiRisk

Australia's Suncorp Investment Management is deploying DST International's (DSTi) risk management software, HiRisk.

06 August 2004

/wealth

UBS Wealth Management rolls out DSTi's HiInvest in Frankfurt

UBS Wealth Management is implementing DST International's (DSTi) front and middle office software for private wealth managers, HiInvest, at its Frankfurt operations.

05 July 2004

/regulation

DST International expands European sales team

Investment management software outfit DST International has expanded its European sales and support team in the wealth and risk management arenas by raiding rival vendors for staff, including COR Risk Services, Misys, Financial Objects and Thomson Financial.

21 June 2004

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