Solutions

Our consulting and services teams are experts in financial data, with practical experience in over 65 banking and buy-side implementations around the world.

From post-trade processing to independent price verification and stress testing, Asset Control provides insight-driven financial data management solutions for any application. A solid data sourcing and mastering process is combined with easy ways to distribute, integrate, discover and explore the data.

Asset Control’s provides a standard data model that tracks regulatory developments and keeps integration with content providers up to date. Its business rules capabilities can be used for risk factor classification, taxonomies, proxy management, risk factor preparation and eligibility tests

Asset Control’s provides a standard data model that tracks regulatory developments and keeps integration with content providers up to date. Its business rules capabilities can be used for risk factor classification, taxonomies, proxy management, risk factor preparation and eligibility tests

Products

Our range of products help financial organisations deliver high-quality reference, market and risk data to the people and applications that need it – on time, all the time

Meet the specific data requirements of risk management and new regulation

Providing award-winning data mastering engine with AC Plus

A comprehensive file management and scheduling system through AC Connect

The industries largest managed data lakes for seamless data acquisitions

The growth in data volumes and in data diversity coupled with increasingly data intensive jobs and reporting requirements mean firms need to improve their market data access and analytics capabilities.

Asset Control offers flexible integration options with a firm’s existing infrastructure for greater speed, scalability and performance

Services

Asset Control helps financial organisations deliver high-quality reference, market and risk data to the people and applications that need it – on time, all the time

Helping our customers succeed through client engagements while building personal connections

We are committed to empowering our customers to use our products to their full potential through our support services, individually tailored classroom-based training, easy-to-access e-learning modules and our state of the art Customer Portal.

Optimize operational costs and cost-effectively process change through using our AC PaSS managed data services.

Insights

The latest data management research and commentary from Asset Control

Industry comment and analysis from the Asset Control team

Data management applications and best practice videos

Insight on industry trends, regulatory challenges and solutions

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Delivering high-quality reference, market and risk data to the people and applications that need it – on time, all the time

Proven for unrivaled adaptability, reliability and efficiency

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Asset Control partners with data, implementation and managed service firm to enhance clients’ experience of our data management solutions

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Fighting Entropy, one data element at a time

Entropy growth can be seen first-hand in financial information management and IT systems. Read here of the two ways an organisation can fight this tendency.

Entropy means a lack of order or predictability; a gradual decline into disorder. In the world of physics, entropy is linked to the second law of thermodynamics which states that heat dissipates and disorder increases, unless energy is added to the system. In information management, entropy was introduced by Claude Shannon in the late 1940s and is linked to the element of surprise or unexpectedness in information that is conveyed.

In the world of financial information management and IT systems, we observe first-hand how entropy seems to grow naturally over time. The continuous change and growth in the number of incoming data sets, the changing set of required reports and output sets and the evolution of the business logic in the application landscape all contribute to that. Add to this the number of internal stakeholders and departments who all bring their own unique functional perspective on a data set plus a tendency to keep multiple copies of similar data sets, and we have the perfect recipe for a proliferation of data and definitions, ambiguity and dissipation of meaning.

There are many forces at work to increase data chaos, leading to high operational risk stemming from information uncertainty. There is also a vicious feedback loop at work here: because users don’t trust the data available they will try to warehouse and guard their own copies. This leads to further proliferation and, to add insult to injury, a continuously increasing IT and operational cost base. Few organisations can afford this cost and, concurrently, regulators increasingly scrutinize the soundness of the processes behind the numbers and reports firms submit.

There are two ways to fight this tendency of entropy growth. One is the ‘cure’ of trying to impose policies and procedures around introducing new information sets, data governance policies and top-down semantics in the form of enterprise standards. This is essentially a form of damage control, trying to contain the spread of chaos. As any physician will tell you, prevention is better than cure. The second way to fight entropy growth is to try to nip it in the bud. This approach focuses on ensuring key capabilities to maintain a grip on infrastructure including data lineage, tracking as much contextual information such as quality measures and preventing keeping redundant data copies by bringing calculation logic to the data rather than the other way around. It focuses on keeping infrastructure and architecture simple and accessible to prevent overgrowth of separate databases. It also includes clear choices between internally sourced IT development and externally sourced standard products and services with clear SLAs. It seeks to prevent improvisation that inevitable becomes anchored in business processes. Prevention is better than cure. Cheaper too.

About the author

As VP - Product Management, Martijn Groot steering Asset Control's strategy for innovation and directs product investment and communications.  Martijn has unrivalled financial and risk data experience, as well as extensive knowledge of our customers, having held Market Strategy and Business Development roles here prior to rejoining the company in 2015. A published author, with an MBA from INSEAD and an MSc from VU University Amsterdam, Martijn's career history spans a variety of areas, including software development, financial analytics, risk, product and consultancy, at firms such as ABN AMRO, Euroclear and IGATE.

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