In 20 years from now, Dst name won't be recognized in kansas city. The management that was always in the kansas city business journal will have passed away, the buildings sold or torn down, the computer systems thrown away, the clients merged with other companies, its will be totally unknown to the kids born after 2010. Its gone
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I think most people in the area don't know of dst. Its long gone. Should have had a different name all along. Like Midwest Securities Fund Processing inc
I agree. Subaccounting was all over the financial journals. Yet the DST managers who were isolated in and were so impressed with the kansas city missouri area were out of touch. Thus the revenue loss from subaccounting turned dst into a buggy whip manufacturer. Dst is just another failed and old fashioned bit of history. Its forgotten and yes in 20 years even business leaders in kcmo will not recognize the name
Yes, Dst lost its way due to it not seeing the future of subaccounting. Contracts with major clients were made not taking subaccounting into consideration. One VP in particular was responsible for the contract snafu. Dst was very short sighted due to local grown management with no other experience than kcmo and Dst. No Swiss or London gurus were ever hired. Just local boys