DST Signs Industry Vet to Build Retirement Recordkeeping Sales

KANSAS CITY, Mo., Jan. 31 /PRNewswire-FirstCall/ -- Derek Winegard, a 20-year veteran of the financial services industry, has joined the retirement recordkeeping sales team at DST Systems, Inc. As senior sales executive, Winegard will be responsible for developing new retirement plan recordkeeping business for DST and for Boston Financial Data Services, a DST joint venture offering outsourcing solutions to the retirement industry.

DST's retirement recordkeeping platform, TRAC, services nearly 4 million participants through 38 major institutional clients. It supports all major plan types and investment options.

Winegard brings extensive knowledge of the retirement industry to his role at DST. He has held senior sales and management positions at several major financial services firms, including Enterprise Capital Management, American Skandia, Quest for Value Funds, Royal Alliance and Trust Consultants, Inc.

"Derek Winegard brings an institutional mindset to retirement recordkeeping sales," said Mike Tobin, vice president of DST Systems. "He is a seasoned and successful industry professional with first-hand knowledge of the power of DST's technology. We're excited to have him on our team."

"DST has a longstanding commitment to providing innovative solutions to the retirement marketplace," said Winegard. "I look forward to the opportunity to further build DST's retirement recordkeeping business."

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 three operating segments: Financial Services, Customer Management, 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.