DST International (DSTi), a provider of business applications and services to the asset management sector, has launched a new web-based automated client reporting system, Reporter.
DSTi has worked with top asset managers around the world for over 30 years across the broadest spectrum of investment styles and products and has drawn on this experience to deliver an end-to-end reporting solution that aims to meet and exceed the requirements of the most demanding investors. Reporter has realised reductions of up to 80% in cost efficiency and threefold improvements in turnaround while delivering consistently high-quality output.
Reporter, which is powered by Kurtosys technology and delivered as a managed service, will help clients to significantly reduce costs and implementation times and to progress from engagement to production in as little as 6 – 8 weeks. The managed service is designed to provide a flexible state-of-the-art application to meet the premier standards in hosting, security, and business continuity. Reporter has no anticipated barriers to expansion as the service easily scales to accommodate clients’ expanding needs without an increase in their IT footprint.
DSTi has developed a comprehensive set of industry templates that underpin Reporter. These comprise hundreds of baselined industry reports, best practice workflows and standardised data models to manage the entire client reporting process. Taking data in from multiple systems through to delivery via the web, the application is built on domain knowledge but also customisable to a client’s unique needs. Reports are fully personalised and branded for the asset manager, which ensures consistency and provides differentiation in the marketplace, building and strengthening client relationships.
“Client reporting is a high visibility action with a low efficiency equation,” says Tom Abraham, chief executive officer of DSTi. “We are all too familiar with the issues and complexities our clients face in delivering reports, whether it is the cost of ownership, speed of turnaround and inflexibility or reports that simply do not reflect the quality and image of their organisation. Reporter brings together DSTi’s global scale and stability with Kurtosys’ ‘best of breed’ reporting platform. We believe that Reporter will not only increase efficiencies and reduce costs, but also deliver to clients a significant competitive advantage through the ability to customise and brand reports so that they become an integral part of the client management process.”
DSTi and Kurtosys already have mutual clients, such as Stanlib, which uses DSTi’s HiPortfolio Investment Accounting Application and the Kurtosys platform to produce monthly and quarterly reports. At Stanlib, this implementation has significantly increased report collation productivity and reduced reporting process cycles.
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