SIX Financial Information implements Asset Control's AC Plus solution
First Published 30th April 2012
Data vendor signs up to Asset Control's data management technology
Thomas Gross, CEO SIX Financial Information
"By implementing a specialist solution, such as Asset Control's, we are benefiting from specific and proven technology and expertise."
London and New York - Asset Control, provider of financial data management solutions and services, has announced that SIX Financial Information, formerly known as SIX Telekurs, has completed phase one of implementation of AC Plus. SIX Financial Information will be using Asset Control's solution as its core reference data processing platform. The move is intended to support SIX Financial Information's processing of reference data and position it to manage the increasing volumes and complexity of information in the financial markets.
Thomas Gross, CEO SIX Financial Information, said: "We are sourcing and supplying an unprecedented amount of data to the financial markets and it's clear that the increased requirements for data we have witnessed in the past few years will only continue. By implementing a specialist solution, such as Asset Control's, we are benefiting from specific and proven technology and expertise, and a collaborative partnership. This, alongside the platform's processing capacity and scalability, effectively future proofs us against the further growth in data volumes and breadth we are bound to witness."
Phil Lynch, President and CEO, Asset Control, said: "Financial services firms, no matter what their role, need to have the most comprehensive infrastructure in place to support the management of financial information. Our work and relationship with SIX Financial Information marks a significant step in the industry and demonstrates innovative thinking in light of the challenges presented by today's financial market. It's a pleasure to work with such a forward thinking company. The benefits of our mutual experience and innovative technology should prove invaluable to each of us, and to our customers."