DST Systems
 | |
| Type | Public |
|---|---|
| Traded as | NYSE: DST |
| Founded | 1969 |
| Headquarters | Kansas City, Missouri |
| Key people | Steve Hooley (CEO) |
| Website | www.dstsystems.com |
DST Systems Inc. is a software development firm that specializes in information processing and management. DST was founded in 1969 as Data-Sys-Tance, a division of Kansas City Southern Industries, and is currently headquartered near Kansas City Southern's headquarters on Quality Hill in Kansas City, Missouri.
DST Systems Inc. produces the AWD, or Automated Work Distributor, software package, which is a business process management solution. Its primary purpose is to increase back-office efficiency through workflow and imaging. It also helps to reduce paper in the office.
DST Systems, Inc. is headed by CEO Steve Hooley, and CFO Kenneth Hager. Internationally, many of DST Systems products are sold by its subsidiary DST Global Solutions.DST Systems affiliates are DST Worldwide Services,[1] DST Global Solutions,[2] DST Health Solutions [3]
Competition
DST Systems main competition includes Envision Financial Systems, PFPC, SunGard, Northern Trust and US Bancorp Fund Services. DST Systems also does business, through a joint venture with State Street Corporation, as Boston Financial Data Services [4] as well as International Financial Data Services [5] in Canada, the United Kingdom and beyond.
DST Global Solutions
DST Global Solutions, a wholly owned subsidiary of DST Systems Inc., is a provider of technology solutions and services to financial and utilities organisations worldwide serving more than 300 client organisations from 13 offices internationally.
DST Global Solutions has its headquarters in the London suburb of Surbiton, United Kingdom and 13 offices in 9 countries with over 550 staff and over 300 clients based in 45 countries.[6]
The current Chief Executive Officer is Arun Sarwal, who took over in September 2012, from Tom Abraham.
DST Global Solutions, competes with a number of companies in each local region as well as global competitors. For example for fund accounting SunGard, SimCorp, Linedata Services are all global financial companies. In data management competition comes from VistaOne (formerly Netik), Eagle and Cadis. In the Performance Measurement arena it is BI-SAM and StatPro in the main.