Asset Control Forms Venture With Data Vendor Telekurs

Asset Control has formed a business partnership with Telekurs Financial, one of the leading providers of international financial information to the capital markets and investment management industries. The two firms are collaborating on integration and co marketing of their products.

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Asset Control has formed a business partnership with Telekurs Financial, one of the leading providers of international financial information to the capital markets and investment management industries. The two firms are collaborating on integration and co-marketing of their products. The Telekurs Valordata Feed (VDF) is integrated into Asset Control’s AC Plus data integration platform through a pre-built data interface as well as a normalization model.

Asset Control and Telekurs have a number of shared customers and a working relationship that spans more than five years. The introduction of the VDF interface answers a significant interest in the marketplace, and a number of financial institutions are currently evaluating implementation.

“In working very closely with Telekurs we have been able to develop an interface that takes full advantage of the rich data set available within the Valordata Feed and at the same time slashes implementation time and cost. We look forward to collaborating with Telekurs and co-marketing our products,” says Ken Payne, Director of Sales and Marketing of Asset Control.

Asset Control says the AC Plus feed handler for Telekurs VDF is one of the growing menu of vendor feed interfaces that are now offered with AC Plus, its flagship data management solution. These feed integration modules gather, enrich and optionally normalize the data to a format aligned with industry standards, such as MDDL and ISO 10522.

The Telekurs VDF feed is one of the leading sources of pricing, reference and corporate actions data. The data feed covers more than 2 million instruments and approximately 400,000 institutions world-wide. It provides global coverage from more than 600 news sources ranging from exchanges to news agencies.

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