Asset Control Included Again in Chartis Risktech100® 2019; Continues Market Momentum
Ranking highlights Asset Control's continued innovation and momentum in providing market-leading data quality solutions
LONDON, November 28, 2018 /PRNewswire/ --
Asset Control, the leading provider of financial data management solutions, is proud to be included in the Chartis RiskTech100®, the globally recognised, definitive list of the top providers in the risk technology space.
Financial institutions face increasing demands on their data infrastructure, not only through growing data volumes but also through regulatory demands including additional reporting and requirements for data lineage, audit and bi-temporality capabilities. Asset Control's data integration, validation logic and standard data model aggregates siloed data sources, provides timely availability of quality data to business users and helps firms address the requirements of regulatory frameworks such as FRTB, TRIM, MiFID II and BCBS 239.
Rob Stubbs, Head of Research at Chartis, said: "Asset Control's inclusion in the 2019 listings reflects the company's continued work to bring greater control and visibility to the management of critical data for risk and compliance."
Mark Hepsworth, CEO Asset Control, said: "We are delighted to be included in the Chartis RiskTech100® for the fourth year running. Helping clients with risk data management is one of our largest use cases and it is great to see this recognition."
Asset Control recently signed several new customers including a global bank and a large central bank and regulator. Their use cases include Asset Control's market data management and operational improvements but also address business user enablement through better access to quality data in Independent Price Verification (IPV) and economic research.
Mark Hepsworth added: "On top of these new client wins, we are currently rolling out our recently launched ACX business user enablement and data exploration module to two foundation customers which is a big push into new and open source technologies for us. Many firms find that internally developed warehousing and distribution solutions can no longer address the new volumes and demands of FRTB and need better scalability and data transfer capabilities."
The news of the listing comes several months into the firm's new ownership under UK-based private equity firm Sovereign Capital Partners. In addition to investment, Sovereign has also leveraged its experience in the financial services and technology sectors to support Asset Control's continued momentum into 2019.
About Asset Control
Asset Control is the market leader in data quality software solutions for financial data. Focused on business user enablement, we help clients simplify complexity and ensure users across buy and sell side make the most of their data assets by providing easy data integration, data cleansing, distribution and data discovery solutions.
We service a blue-chip client base globally and our award-winning solutions provide rigorous processes to secure high-quality data, easy integration into business user workflows and a trusted environment for advanced analytics. Delivered through managed services, cloud or on-premise deployment, our highly scalable products help the world's most successful financial institutions meet their risk management, valuation, security master and operational needs with mission critical reliability.
For more information; http://www.asset-control.com
About Chartis Research
Chartis Research is the leading provider of research and analysis on the global market for risk technology. It is part of Infopro Digital, which owns market-leading brands such as Risk and WatersTechnology. Chartis' goal is to support enterprises as they drive business performance through improved risk management, corporate governance and compliance, and to help clients make informed technology and business decisions by providing in-depth analysis and actionable advice on virtually all aspects of risk technology.
RiskTech Quadrant®, RiskTech100® and FinTech QuadrantTM are registered trademarks of Infopro Digital Services Limited.
http://www.chartis-research.com/.
SOURCE Asset Control
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