KANSAS CITY, Mo., March 27, 2012 /PRNewswire/ -- DST Brokerage Solutions, a DST Systems business unit committed to the development of the financial industry's first truly integrated brokerage platform, today announced that Vision Professional has reached agreements with over 50 unique broker-dealers.
Vision Professional, launched in 2011, is a component of the DST Brokerage Solutions offering designed to help broker-dealers better manage their business. Vision Professional provides access to premium content seamlessly integrated into the DST Vision website, and offers enhanced features providing advisors an affordable solution for generating consolidated customer reports. Vision Professional is also integrated with Advisor WatchGuard, an independent product offered by Watchguard Financial, LLC, to generate product analytic reporting.
By aggregating data from major clearing firms as well as mutual fund, variable annuity and REIT companies, Vision Professional delivers broker-dealers and their advisors consolidated reporting. The premium reporting is accessible online and by tablet and mobile. Advisors may also permission direct access to investors. The solution may be deployed from within a broker-dealer proprietary website through a private label offering.
"The rapid adoption of Vision Professional by the broker-dealer community validates our mission of providing value-add solutions that streamline daily operations," said Mike Abbaei, President, DST Brokerage Solutions. "We're encouraged by the industry's recognition of the competitive advantages this offering provides."
The DST Brokerage Solutions team represents decades of experiences in operations, wealth management, investment banking, mutual fund sub-accounting, and securities trading. DST Brokerage Solutions provides innovative applications and service solutions to the broker-dealer marketplace, including an evolving array of capabilities:
- Automated compliance
- Portfolio aggregation, management, and reporting for advisors
- Mobile access for advisors and clients
- Electronic account onboarding
- Electronic fund trading
- Business process management and workflow
- Enterprise social media integration
- Customer communications
- Business strategy, technology and operations consulting
- Brokerage subaccounting
- Business process outsourcing
About DST Brokerage Solutions, LLC
DST Brokerage Solutions, LLC is committed to fundamentally impacting the way the brokerage market conducts business. Delivering efficient connectivity between all parties throughout the lifecycle of a financial product, DST Brokerage Solutions is addressing broker/dealers' unique challenges. A comprehensive, flexible suite of solutions provides seamless integration between all of the applications broker-dealers need to control and conduct their business more efficiently and cost effectively. DST Brokerage Solutions is a wholly owned subsidiary of DST Systems, Inc.
About DST Systems, Inc.
DST Systems, Inc. provides sophisticated information processing solutions and services to support the global asset management, insurance, retirement, brokerage, and healthcare industries. In addition to technology products and services, DST also provides integrated print and electronic statement and billing solutions through DST Output. DST's world-class data centers provide technology infrastructure support for financial services and healthcare companies around the globe. Headquartered in Kansas City, MO., DST is a publicly-traded company on the New York Stock Exchange.
The information and comments in this press release may include forward-looking statements respecting DST and its businesses. Such information and comments are based on DST's views as of today, and actual actions or results could differ. There could be a number of factors, risks, uncertainties or contingencies that could affect future actions or results, including but not limited to those set forth in DST's periodic reports (Forms 10-K or 10-Q) filed from time to time with the Securities and Exchange Commission. All such factors should be considered in evaluating any forward-looking statements. The Company undertakes no obligation to update any forward-looking statements in this press release to reflect future events. Brand, service or product names or marks in this press release are trademarks or service marks, registered or otherwise, of DST Systems, Inc., DST subsidiaries or affiliates, or third parties.
SOURCE DST Brokerage Solutions