Delaware Investments Transitions Transfer Agency Operations to DST
June 06 2006 - 4:35PM
PR Newswire (US)
Technology, People and Processes Cited as Reasons to Expand
Relationship KANSAS CITY, Mo., June 6 /PRNewswire-FirstCall/ -- DST
Systems, Inc. has expanded its relationship with Delaware
Investments, a member of the Lincoln Financial Group, to provide
full-service support of its mutual fund transfer agency operations.
Delaware Investments is a Philadelphia-based diversified asset
management firm with more than $120 billion in assets under
management as of March 31, 2006. DST has provided shareholder
recordkeeping technology to Delaware Investments since 1996. The
extension of the relationship to include transfer agency operations
reflects the firm's confidence in DST's service capabilities, as
well as its satisfaction with DST's technology. "Based on our
experience with DST's technology, its people and the processes in
place within the full-service group, we are quite comfortable
entrusting our back-office operations to the full-service team,"
said Doug Anderson, senior vice president of Delaware Investments'
transfer agent. "We look forward to working collaboratively with
DST to deliver the level of service to which our shareholders and
intermediaries have grown accustomed." "Delaware Investments is a
long-valued client, and we are proud to have earned their
confidence in our technology and servicing capabilities," said
Jonathan Boehm, group vice president of DST Systems. DST Systems,
Inc. provides sophisticated information processing and computer
software services and products that help clients improve
productivity, increase efficiencies, and provide higher levels of
customer service. DST is organized domestically and internationally
into two operating segments: Financial Services and Output
Solutions. DST operates one of the most advanced data centers in
the world, which provides information-processing services to
support the products within each operating segment. These products
are further enhanced through the integration of DST's advanced
technology and e-commerce solutions. Delaware Investments is the
marketing name for Delaware Management Holdings, Inc. and its
subsidiaries. For more information on Delaware Investments, visit
the company at http://www.delawareinvestments.com/ . Lincoln
Financial Group is the marketing name for Lincoln National
Corporation (NYSE:LNC) and its affiliates. For more information on
Lincoln Financial Group, visit http://www.lfg.com/ . The
information and comments above 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
affecting future actions or results, including those set forth in
DST's latest periodic financial report (Form 10-K or 10-Q) filed
with the Securities and Exchange Commission. All such factors
should be considered in evaluating any forward-looking comment. The
Company will not update any forward-looking statements in this
press release to reflect future events. DATASOURCE: DST Systems,
Inc. CONTACT: Jill Metzler, Media Relations, DST Systems, Inc.,
+1-816-843-9087 Web site: http://www.delawareinvestments.com/
http://www.lfg.com/
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