Press Releases

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

New York, NY

Asset Control, the world-wide leader in financial data management solutions, has won Financial-i magazine’s fifth annual “Leaders in Innovation” award for Securities Reference Data. This is third time Asset Control has received a Financial-i innovation award for data management since the annual program began.

Financial-i’s Leaders in Innovation Awards identify global transaction banks, financial hardware vendors, and software providers that have excelled in the last 12 months in terms of innovation across treasury and FX, securities services, data management, risk management, and network services. Award nominees are selected solely on research conducted by Financial-i's team of journalists and independent analysts. The shortlist is then examined by an advisory panel comprising analysts, consultants and market practitioners. Winners in each category are chosen based on the panel’s feedback.

With increased emphasis on risk and regulatory compliance, financial institutions are seeking to leverage data as the proactive business tool much needed in today’s global financial landscape. Overcoming the challenges of data integration and distribution, process and technology complexity, and making data more readily available to data consumers through the use of self-service models are obstacles firms continue to face. Asset Control’s AC Invest and AC Plus data management solutions, AC Connect data integration platform, and the “federated” data management model, which applies elements of centralization while allowing for local control of data, are several examples of product developments that are helping financial institutions achieve faster time to market and return on investment.

Anita Hawser, editor of Financial-i magazine, said, “Financial-i chose Asset Control as the winner of the Securities Reference Data category due to its dedication to product innovation and enhancements, and keen focus on helping its customers overcome key business challenges and achieve continual and substantial business results.”

Phil Lynch, Asset Control’s president and chief executive officer, said, “We are extremely pleased with the recognition Asset Control continues to receive in the industry as the premier data management software provider. As financial institutions deal with the fundamental pressures of global regulation, risk and competition, the ability to manage data efficiently and effectively is universal for survival and future growth. Our success in helping customers achieve their goals is a direct result of our continued investment in our solutions, and our unique and flexible offerings and delivery approach.”

About Asset Control

Established in 1991, 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. For more information, visit www.asset-control.com.