New York-based money management consulting firm kasina LLC has been acquired by software development company DST Systems, said DST spokeswoman Brenna Fitzgerald.
Terms of the deal were not disclosed.
Kasina provides business analytics, consulting and research to money managers. Its consulting services include engagements to analyze product strategies, sales models and marketing strategies.
Kasina was founded in 1999 by Steven Miyao, who has served as the company's CEO, and Lee Kowarski, partner. Both will lead consulting and product development organizations for DST’s financial services division.
The new combined entity will provide consulting, research, data management and analytics to the money management industry.
DST intends for kasina to enhance DST’s “predictive wholesaling” and “asset persistency” services.