This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

DST Brokerage Solutions Announces The Formation Of DST Market Services, LLC

KANSAS CITY, Mo., March 22, 2012 /PRNewswire/ --   DST Brokerage Solutions, a DST Systems business unit committed to the development of next-generation of tools, products, and services for broker-dealers, today announced the group has combined its two sub-accounting service providers to form DST Market Services, LLC.

The new entity was created through the merger of DST TASS and Wall Street Advisor Services, and will continue to specialize in delivering mutual fund processing and sub-accounting services to help improve productivity, increase process efficiency and reduce operational risk. 

DST Market Services is a registered broker-dealer, meaning it is subject to the same regulatory environment as their clients.  According to Stuart Bowers, President, DST Market Services, this offers a uniquely compelling business proposition.

"Being a broker-dealer will help us sharpen our focus and delivery of services," says Mr. Bowers, "and strategically aligns our interests and values with those of our customers.  We also believe that DST Market Services more accurately describes the comprehensive set of solutions we provide to our clients.  We look forward to sharing our vision for DST Market Services with our customers and the financial intermediary community as we continue to invest in new tools, technology, and solutions."

DST Market Services will continue to be a leading provider of mutual fund subaccounting services that uniquely combines broker-dealer operations experience, a deep understanding of subaccounting work flow processes, and leverages DST's technology platform to deliver a complete subaccounting solution.  DST Market Services is also a member of FINRA and SIPC.

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.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AAPL $93.21 -0.44%
FB $117.80 -0.22%
GOOG $701.26 0.80%
TSLA $211.34 -5.00%
YHOO $36.94 2.61%


Chart of I:DJI
DOW 17,660.71 +9.45 0.05%
S&P 500 2,050.63 -0.49 -0.02%
NASDAQ 4,717.0940 -8.5450 -0.18%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs