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Tuesday, January 6, 2015

kasina Sells

Reported by Neil Anderson, Managing Editor

Two mutual industry allies are joining forces; kasina is selling!

Today Kansas City, Missouri-based DST Systems confirms that it has acquired the 16-year-old New York City-based mutual fund industry consulting shop. The terms of the deal were not disclosed.

The kasina team specialists in analyzing "product strategies, sales models, and marketing strategies." kasina founders Steven Miyao (its CEO) and Lee Kowarski will join DST's financial services segment to "lead consulting and product development organizations."

Steve Hooley, president and CEO of DST, highlights "the synergy between kasina's strategic advisory expertise and DST's technical resources and systems." Part of that synergy entails kasina beefing up DST's asset persistency and predictive wholesaling offerings. 

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