Asset Control, the provider of investment data integration and cleansing solutions, announced today that Socit Gnrale Investment Banking has purchased an Asset Control system for management of instrument reference and market data supporting capital markets operations.
“We are pleased to welcome Socit Gnrale to the group of prestigious financial institutions that comprise the Asset Control customer base,” says Ger Rosenkamp, CEO of Asset Control. “In the current challenging economic environment, our customers recognize that centralizing the management of investment data is key to mitigating risk, reducing costs, and improving straight-through processing. Asset Control delivers these benefits, as our extraordinary and growing customer list attests.”