DST Announces Completion Of WMSI Acquisition

Aug 21, 2015, 16:00 ET from DST Systems, Inc.

KANSAS CITY, Mo., Aug. 21, 2015 /PRNewswire/ -- DST Systems, Inc. (NYSE: DST), a global provider of strategically unified data management, business processing, and customer communication solutions, today announced it has completed the previously announced acquisition of retirement plan rollover specialist Wealth Management Systems Inc. (WMSI).

New York-based WMSI, a leading provider of retirement plan rollover technology, content and communications, and practice management solutions to the financial services industry, is connected to recordkeepers servicing over 33 million participants and provides automatic rollover services to over 25,000 plan sponsors.

"I'm confident that recordkeepers, sponsors, asset managers, TPAs, and financial advisors working in the retirement space will benefit from the remarkable synergy between DST and WMSI," said Jude Metcalfe, president of DST Retirement Solutions. "Our combined resources, capabilities, and commitment promise to bring an unmatched opportunity for our clients to grow and retain retirement assets."

As part of the DST enterprise, WMSI's comprehensive suite of services and rollover solutions will come to market as part of DST Retirement Solutions, a leading provider of defined contribution technology, strategic advisory, and business processing solutions to the retirement industry.

About DST DST Systems, Inc. is a leading provider of sophisticated information processing and servicing solutions to companies around the world. Through its global enterprise, DST delivers strategically unified transactions and business processing, data management, and customer communications solutions to the asset management, brokerage, retirement, 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.

Media Contact: Laura M. Parsons                              DST Global Public Relations 816.843.9087      mediarelations@dstsystems.com  

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SOURCE DST Systems, Inc.



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