Asset Control is launching AC Invest, a new web-based data management platform that enables financial institutions to address their data management requirements.
AC Invest creates a new paradigm that allows clients to adopt a role- and consumption-based data management approach suited to their business operations. AC Invest enables business users to create, manage, retrieve, use and re-use rules that control their data quality and use. The AC Invest includes industry standard rules while having the capability to add organizationally specific rules, its web-based design allows remote management, and provides support for security requirements.
Phil Lynch, Asset Controls President and CEO, said, AC Invest is a revolutionary new product designed to equip business users with the confidence that their core applications are powered with consistent, accurate and compliant information. This consumption-based, business-user model helps firms leverage data as the proactive business tool much needed in todays global financial landscape. Our latest offering provides firms with low cost of ownership through a standard data model and set of rules that can be flexed without damaging their upgrade path, delivering a functionally rich standard product that can be extended with minimum additional cost.
AC Invest can be used as a stand-alone platform, or as part of a federated model for distributing data on a regional or enterprise basis (including global offices with regional variations) through integration with Asset Controls AC Plus centralized data management platform.