Press Releases

E*TRADE Securities Selects Asset Control for Management of Reference Data

New York, October 2, 2006

Asset Control, a leading provider of Centralized Data Management (CDM) solutions to the financial services industry, today announced that E*TRADE Securities LLC, a wholly-owned subsidiary of E*TRADE FINANCIAL Corporation, has selected Asset Control’s flagship product, AC Plus, for the management of securities reference data.

“For nearly two decades, Asset Control has provided robust centralized data management solutions to leading investment banks, asset management firms, brokerage houses and global energy groups,” states Ger Rosenkamp, CEO of Asset Control.  “We are delighted to have the opportunity to provide E*TRADE with a software solution to manage their securities reference data.”

About Asset Control
Asset Control is the world’s leading provider of Centralized Data Management (CDM) to financial industry firms.  With a complete range of in-house and outsourced options, Asset Control delivers Total Data Management (TDM), a hybrid approach to data management.  The selection of developer tools, turnkey software solutions and outsourced services enable users to optimize their investment data for efficiency, cost control, reduced operational risk and increased value from their data.

Derived from the robust and reliable AC Plus modular framework, the Asset Control product set includes data solutions addressing market risk, counterparty credit risk, security master, research and corporate actions, as well as global data networking and administration. Handling data from vendors and in-house systems, these solutions collect, validate, normalize, and consolidate data into cleansed composite “golden copy” sets for business use.

Customers include Abbey National, ABN AMRO, Allied Irish Banks PLC, Barclays Capital, Barclays Global Investors, Bayerische Landesbank, BBVA, Commerzbank, Convexity Capital Management, E*TRADE Securities, LLC, IBM (Dresdner Bank), Grupo Santander, Harvard Management Company, HSH Nordbank, HypoVereinsbank, ING, LCH.Clearnet, Robeco Groep, Société Générale, Standard Bank, Standard Chartered, Union Investment and Wachovia Corporation as well as a super-major global energy group. Established in 1991, Asset Control is a privately held firm with operations in London, New York and the Netherlands. For more information please visit www.asset-control.com.