Asset Control is delighted to support ITG in providing the data consistency and agility needed to help their clients navigate new and complex markets, and to maintain its unique, long history of local product innovation. To be chosen by a technology savvy company such as ITG is validation of Asset Control's leadership as a data management solutions provider.
At SIBOS, Hong Kong (PRWEB) September 15, 2009
Specialized agency brokerage and financial technology firm Investment Technology Group (NYSE: ITG) has selected Asset Control's AC Plus data management platform to provide ITG with global, multi-asset instrument data in support of the firm's growth initiatives. AC Plus will provide ITG with a centralized, scalable reference data and pricing architecture that meets ITG's time-to-market requirements and supports its growing range of product offerings.
David Meitz, managing director and chief technology officer at ITG, said, "Consistent and readily available reference and pricing data is an essential element in our ability to deliver the innovation our buy-side and sell-side clients need to expand their footprint and tap new markets. We view Asset Control's AC Plus as a key component helping us meet our short-term deliverables and to continuously scale strategically as we expand our offerings."
Phil Lynch, Asset Control's president and chief executive officer, said, "Asset Control is delighted to support ITG in providing the data consistency and agility needed to help their clients navigate new and complex markets, and to maintain its unique, long history of local product innovation. To be chosen by a technology savvy company such as ITG is validation of Asset Control's leadership as a data management solutions provider."
Investment Technology Group, Inc. is a specialized agency brokerage and financial technology firm that partners with asset managers globally to provide innovative solutions spanning the investment continuum. A leader in electronic trading since launching POSIT(R) in 1987, ITG's integrated approach now includes a range of products from portfolio management and pre-trade analysis to trade execution and post-trade evaluation. Asset managers rely on ITG's independence, experience, and agility to help mitigate risk, improve performance and navigate increasingly complex markets. The firm is headquartered in New York with offices in North America, Europe and the Asia Pacific regions. For more information on ITG, please visit http://www.itg.com.
About Asset Control
Asset Control provides centralized data management solutions for financial institutions world-wide. 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. Established in 1991, and with a 'blue chip' global customer base, Asset Control is backed by Fidelity Ventures, one of the world's leading providers of capital to technology companies. For more information, visit http://www.asset-control.com.
Trademark Information: Asset Control, the Asset Control logo and AC Plus 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.
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