DENVER, CO – September 20, 2016 – ALPS, a subsidiary of DST Systems, Inc. (NYSE: DST) providing products and services to the financial services industry, today announced that Ned Burke, Chief Executive Officer of ALPS Holdings, Inc. has been selected as the winner of NICSA's 2016 NOVA Award for Strategic Leadership.
The NOVA Award recognizes the industry's leading executive who has a strong record of career and industry achievements. The annual award celebrates industry visionaries who demonstrate the highest level of business acumen, have the ability to anticipate trends, drive success for organizations and lead by example.
Under Mr. Burke's leadership, ALPS has evolved into a turnkey service provider for the investment management industry offering compliance, fund accounting, fund administration, legal administration, tax, and transfer agency services to open- and closed-end funds, ETFs, hedge funds and interval funds. Today, ALPS Advisors manages and distributes more than $15 billion in propriety investment products. Over the last five years, under Mr. Burke's leadership, ALPS Fund Services has grown its assets under administration 175 percent, doubled the number of funds it services and added more than 200 new clients.
"Success in the financial services industry requires that you be ready to evolve with the changing marketplace. ALPS Holdings' success over the last several years proves that philosophy, and I am extremely honored to be recognized by NICSA," said Mr. Burke. "This honor would not be possible without the hard work of all of our employees as they play an integral role in meeting the needs of our clients."
This year's awards presentation took place September 19 at NICSA's 2016 Awards Luncheon, held at the Revere Hotel in Boston.
For more information on ALPS' best-in-class industry products and services, visit IT Services.
Through its subsidiary companies, ALPS Holdings, Inc. is a leading provider of innovative investment products and customized servicing solutions to the financial services industry. Founded in 1985, Denver-based ALPS delivers its asset management and asset servicing solutions through offices in Boston, Golden, New York, Seattle, and Toronto. ALPS is a wholly-owned subsidiary of Kansas City-based DST Systems, Inc.
DST Systems, Inc. (NYSE: DST) is a leading provider of specialized technology, strategic advisory, and business operations outsourcing to the financial and healthcare industries. We enable clients to transform complexity into strategic advantage by helping them continually stay ahead of and capitalize on ever-changing customer, business, and regulatory requirements in the world's most demanding industries. For more information, visit the DST website at www.dstsystems.com.
Laura M. Parsons
DST Global Public Relations