DST Global Solutions has unveiled the latest version of its post-trade data management product ahead of upcoming regulatory requirements for investment managers.
According to DST, one of the key developments in its Anova 3.0 is that it allows users to monitor compliance metrics.
"Given the amount of regulatory change coming up in the next couple of years, it's no surprise that asset and wealth management firms are becoming increasingly strategic in their approach to compliance," DST Global Solutions global head of investment data management and analytics Julian Webb said.
In a recent white paper commissioned by DST and produced by Aite Group, two out of three wealth managers were found to be moving towards more strategic approaches when it comes to increased regulatory burdens.
The new version of Anova embeds multiple standard dashboards to provide aggregated metrics to users in real time, Webb said.
"In today's intra-day environment, the rapid visualisation of investment data is as important as its availability," he said.
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