The QED Anova Platform will provide users with flexible performance, aggregation and distribution of data for middle-office compliance purposes.
Surbiton, UK-based DST Global Solutions, a provider of buy-side-specific technology and services, and Marlton, NJ-based QED Financial Systems, have announced an alliance that will see Anova, DST's investment data and analytics platform, integrated with QED's accounting system.
The joint offering ─ the QED Anova Platform ─ is designed to provide end-users with flexible performance, aggregation and distribution of data for middle-office compliance to public finance entities, endowments, pension funds, and treasury institutions.
Anova provides round-the-clock access to analysis and aggregation of the data residing on the QED accounting platform, ensuring that only high-quality data is used in the middle office. The QED Anova Platform will streamline the reporting and compliance processes of the public sector, reducing its dependence on manual processes and spreadsheets.
According to DST Global Solutions, automation will increase efficiency and provide transparency into the treasury function from both an internal and external perspective. Users will be able to monitor and review reports internally and also access them externally using a secure portal.
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