Press Releases

Asset Control Wins Financial-i Magazine’s “Leaders in Innovation” Award for Reference Data Management

December 12, 2007

Asset Control, a leading provider of data management solutions for financial services, today announced that it has won Financial-i magazine’s second annual “Leaders in Innovation” award for reference data management.

An advisory panel comprising a team of industry analysts and thought leaders chose companies that have demonstrated a strong commitment to innovation over the past 12 months.  Such innovations have significantly impacted customers in terms of their ability to deploy solutions cost effectively, more readily interact and integrate them with other applications, and the ability to use these solutions to solve business specific issues.

Anita Hawser, editor of Financial-i magazine, said, “Financial i was impressed by Asset Control's roster of clients, the speed with which AC Plus can be implemented, as well as its more recent focus on mid-tier clients.”

Phil Lynch, Asset Control’s president and chief executive officer, said, “Asset Control’s continued investment in its strategic reference data solutions and focus on helping financial institutions meet their business-entity and firm-wide data management objectives have resulted in both short and long term advantages for our customers.  Our flexible approach helps customers to align the management of reference data with specific business goals.  It allows customers to solve particular data management issues, build upon successes, and expand the reference data framework to incorporate other areas of business.”

About Asset Control
Asset Control provides centralized data management solutions for financial institutions worldwide.  From business-entity to firm-wide projects, Asset Control offers a strategic reference and market data platform that delivers the accuracy, consistency and relevancy firms need to reduce costs and risk, manage evolving compliance needs, and accelerate the delivery of new products and services.  A Fidelity Ventures company, Asset Control serves some of the world’s most successful financial institutions including Barclays, Dresdner Bank, Harvard Management Company and Wachovia Corporation.  For more information, visit www.asset-control.com.