DST's Niedt Offers Distribution Alpha for Smaller Fundsters
Reported by Neil Anderson, Managing Editor
Rick Niedt just unveiled DST's latest business intelligence offering for small- to mid-sized asset managers.
Today Niedt, director of distributor technologies for the Kansas City, Missouri-based outsourced mutual fund shareholder recordkeeping giant, confirmed the launch of SalesConnect Alpha, which includes some features in the enterprise level of DST's existing SalesConnect platform. The DST database includes info on more than 400,000 advisors, and it feeds into SalesConnect Alpha so that fundsters can gain intel on sales and marketing from the firm on down to the individual advisor as well as by fund and territory.
Niedt described SalesConnect Alpha as having a "right-solution-for-right-now approach" and an affordable price point.
Company Press Release
DST’S NEW BUSINESS INTELLIGENCE SOLUTION BUILT FOR UP-AND-COMING ASSET MANAGERS
SalesConnect Alpha Tailored To Needs Of Growth-Focused Small- And Mid-Sized Firms
KANSAS CITY, MO – December 4, 2013 – DST Systems, Inc., a global provider of solutions that process and communicate the high-value information needed to manage life’s most important business, today announced the launch of SalesConnect Alpha, a business intelligence solution designed for small- and mid-sized asset managers poised to take on new growth.
Leveraging core features of DST’s industry-leading SalesConnect™ platform, SalesConnect Alpha enables smaller firms to take advantage of many services used by many of the industry’s largest fund companies. SalesConnect Alpha contains a subset of features available in the enterprise-level version of SalesConnect.
Relying on DST’s proprietary database and associated automation that has been reconciling trades and assets to the right advisors for 10 years, SalesConnect Alpha delivers high levels of accuracy to the trade resolution process, along with robust sales reporting at an affordable price.
“Many of the individuals leading these companies were, or still are, portfolio managers who consistently generated performance alpha for the investment products they managed,” says Rick Niedt, Director of Distributor Technologies for DST. “Now that they’re focused on growing their own companies, they need tools that make it easier for them to identify and focus on the best asset-gathering opportunities so they can outperform their competition.”
DST’s database contains information on more than 400,000 advisors and one million trading codes, and is continually updated with broker-dealer firm changes. SalesConnect Alpha’s reporting suite is fed by clean data from the proprietary database, yielding valuable intelligence for sales and marketing efforts at the firm, office, rep, fund, and territory level.
“The beauty of SalesConnect Alpha is its right-solution-for-right-now approach,” says Niedt. “Its price point makes it affordable, and the fact that it is part of the extensible SalesConnect platform means that as business grows, asset managers can take advantage of more of what SalesConnect has to offer without having to implement a new solution.”
For more information on SalesConnect Alpha, contact Ken Keiser at 816-435-8923 or KKeiser@dstsystems.com.
About DST Systems
DST Systems, Inc. is a leading provider of information processing and software services and products to companies around the world. The largest provider of third-party shareholder recordkeeping services to the mutual fund industry, DST through its global enterprise also delivers strategically unified business, communications, and process management solutions to the asset management, brokerage, retirement, insurance, and healthcare markets. Headquartered in Kansas City, MO., DST is a publicly-traded company on the New York Stock Exchange. For more information, visit www.dstsystems.com.