Nationwide Chooses Anova Performance Solution

Nationwide Financial has chosen DST Global Solutions’ investment analytics solution, Anova, to strengthen its managed account performance measurement and reporting capabilities.

DST Global Solutions, a global provider of software technology and services to the investment management industry, says Anova was designed to enable clients to report managed account performance to their retirement plan clients in a more detailed and timely manner.

Anova was launched in November 2010, and provides a suite of investment analytics applications for the middle office function on a global operating platform. The solution offers investment managers a comprehensive view of their business critical financial, risk and analytical information via its inherent data aggregation and consolidation capability, as well as its ability to enable user customized interactive ‘role-based’ dashboards. Anova also incorporates an On-Demand Global Operating Model, which will allow Nationwide to reduce manual processes and enable the end-user to look into assets for convenient reporting.

“We are pleased that Nationwide chose to implement Anova Performance,” said Rick McCarthy, managing director, Americas at DST Global Solutions. “Anova is designed to allow investment management organizations, from large financial institutions, such as private banks and wealth managers, to smaller asset managers, to rationalize their reporting and drill down into the data in a more timely and effective manner.”