New York, NY (PRWEB) May 7, 2008
Asset Control, a world-wide leader in financial data management solutions, announced today that Asset Control's product marketing director, Martijn Groot, has published a book on financial information management through Elsevier publishers. Entitled 'Managing Financial Information in the Trade Lifecycle', it is the first book fully dedicated to the financial information supply chain and best practices to managing all aspects of it.
'Managing Financial Information in the Trade Lifecycle' is a concise reference manual of financial products, supporting information, financial content suppliers and the processes they empower. Providing an overview of different quality aspects of financial information and types of summary metrics, the book also discusses operational risk management, regulatory topics and wider industry issues around financial information management, sourcing and distribution. It also draws from actual lessons learned by presenting many real-life scenarios of the business.
"The premise of the book is that data management is so critical to the financial services business today that it cannot be considered as an afterthought," said Martijn Groot, product marketing director at Asset Control. "Data management reaches across the front, middle and back offices to address time-to-market, compliance and operational efficiency requirements."
Phil Lynch, Asset Control's president and chief executive officer, said, "With an increasingly complex global trading environment, financial services firms need to be more agile and efficient while reducing risk and improving transparency. Martijn's book provides a comprehensive blueprint to helping firms meet regulatory requirements and sustain business growth, as these objectives are increasingly dependent on the efficient management of data throughout the trade lifecycle."
For more information on 'Managing Financial Information in the Trade Lifecycle', or to order a copy, visit Elsevier's web site at http://www.elsevierdirect.com/product.jsp?lid=100002&iid=0&sid=0&isbn=9780123742896.
About Martijn Groot
As product marketing director at Asset Control, Martijn Groot is responsible for product and market analysis and is also the resident risk management expert. Before Asset Control, Mr. Groot worked at ABN AMRO Amsterdam where he held a variety of positions within technology and risk management. Mr. Groot has an MBA from Insead, an MSc in mathematics from the Free University in Amsterdam, and is a certified Financial Risk Manager from the Global Association of Risk Professionals.
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 Global Investors, Wachovia Corporation, Standard Chartered Bank, E*TRADE Securities and Grupo Santander. For more information, visit http://www.asset-control.com.
Trademark Information: Asset Control and the Asset Control logo are trademarks or registered trademarks of Asset Control Systems, Inc. or its subsidiaries or affiliates in the U.S. and/or other countries. All other trade names are trademarks or registered trademarks of their respective holders.