NEW YORK, NY and TORONTO--(Marketwire - Nov 27, 2012) - International Financial Data Services (IFDS) Canada, a leading provider of technology and outsource services to the financial services industry, today announced that Ventana Research, a leading benchmark research and advisory services firm, recognized IFDS in the 2012 Ventana Research Leadership Awards. IFDS collaborated with Information Builders, a leader in business intelligence (BI) and analytics, information integrity, and integration solutions, to develop "IFDS Insight™," an external-facing dashboard that gives clients access to detailed reports and data for better decision-making in real time.
IFDS Insight was developed to help sales, marketing, and operations executives more easily maximize the value found in fund, dealer, broker, and advisor data. It's a modern, dashboard-driven environment, which provides detailed analysis capabilities as well as ad hoc, on-demand reporting. The easy-to-use interface lets users sort and manipulate statistics on selected fund products, and analyze trends and dimensions over time. The solution also provides state-of-the-art mobile and event-driven alerting capabilities, giving users access to key metrics in real time on any smartphone or tablet.
"IFDS is a terrific example of how business intelligence technology can help organizations improve their overall performance," said Mark Smith, chief executive officer and chief research officer of Ventana Research. "We congratulate IFDS for receiving this well-deserved honor. I'd also like to congratulate Information Builders for making it possible for their customers to derive significant business value from their business intelligence offerings."
"In our business it's essential that organizations have access to information in real time, as market conditions can change so rapidly," said Sara Hilliard, vice president of product management at IFDS. "By leveraging Information Builders' BI capabilities to develop IFDS Insight, we're not only giving our customers the information they need to do their jobs more efficiently, we're also empowering them to make data-driven decisions on their own without relying upon their finance or IT teams."
"Information Builders is seeing an increase in companies looking to extend data analysis capabilities externally, and IFDS is a prime example of the value to be derived from these initiatives," said Gerald Cohen, president and CEO of Information Builders. "We congratulate the company on Ventana Research's recognition of their project, and look forward to continuing our work with them on future endeavors."
About International Financial Data Services ("IFDS")
Is a 50/50 joint venture between affiliates of Boston-based State Street Corporation, the world's leading provider of services to institutional investors, and DST Systems Inc., a Kansas City, Missouri-based leading provider of shareholder accounting services and proprietary systems.
IFDS is today recognized as the world's leading provider of investor record keeping and transfer agency solutions on a BPO (Business Process Outsourcing) and ASP (Application Service Provision) basis. Our services are provided to a wide range of global collective investment, wealth management and platform clients, supporting over 18.8 million accounts for over 200 organizations, over 10,000 share classes and with over 4,000 experienced staff based in four locations (Canada, Ireland, Luxembourg & United Kingdom). Figures as September 30, 2012.
About State Street Corporation
State Street Corporation (NYSE: STT) is one of the world's leading providers of financial services to institutional investors including investment servicing, investment management and investment research and trading. With $23.4 trillion in assets under custody and administration and $2.1 trillion* in assets under management at September 30, 2012, State Street operates in 29 countries and more than 100 geographic markets. For more information, visit State Street's web site at www.statestreet.com.
*This AUM includes the assets of the SPDR Gold Trust (approx. $75.3 billion as of September 30, 2012), for which State Street Global Markets, LLC, an affiliate of State Street Global Advisors, serves as the marketing agent.
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. For more information visit the IFDS website: ifdsgroup.com; State Street's website: statestreet.com; DST Systems website: dstsystems.com; or Information Builders: informationbuilders.com.
About Information Builders
Information Builders helps organizations transform data into business value. Our software solutions for business intelligence and analytics, integration, and data integrity empower people to make smarter decisions, strengthen customer relationships, and drive growth. Our dedication to customer success is unmatched in the industry. That's why tens of thousands of leading organizations rely on Information Builders to be their trusted partner. Founded in 1975, Information Builders is headquartered in New York, NY, with offices around the world, and remains one of the largest independent, privately held companies in the industry. Visit us at informationbuilders.com, follow us on Twitter at @infobldrs, like us on Facebook, and visit our LinkedIn page.