About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

AIB Selects Asset Control’s AC Plus For Risk Management Ops

Subscribe to our newsletter

Allied Irish Bank (AIB) is implementing technology from Asset Control to centralize risk management operations at its global treasury division in Dublin. The platform, based on Asset Control’s AC Plus data management framework, will manage foreign exchange, fixed-income and derivatives data sourced from both internal systems and external suppliers.

AIB will use the system, which will integrate with Asset Control’s AC Contour risk management application, to centralize pricing data and curves for risk management. AIB managers and analysts will be able to create risk factors by converting data into curves, surfaces, volatilities and covariance matrices in support of risk management and portfolio evaluation and pricing.

The Asset Control data platform was installed in Dublin during a five-week implementation. It has passed initial user acceptance testing, and now serves as the platform on which further customizations can be made by AIB, with Asset Control providing support. AIB expects to be in production with the full solution by September 2006.

Remote users, meanwhile, in New York, Poland and London, will access the solution via Asset Control’s AC Desktop.
The win is the latest in a string of client orders for Asset Control, with several involving the risk management operation of major banking institutions.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: The roles of cloud and managed services in optimising enterprise data management

Cloud and managed services go hand-in-hand when it comes to modern enterprise data management (EDM), but how can the best solutions for the business be selected and implemented to ensure optimal data management based on accurate, consistent, and high-quality data, and delivering improved efficiency, better decisions and competitive advantage? This webinar will answer these questions,...

BLOG

The Hidden Cost of Bad Data – Why Accuracy Pays Off

By Ariel Junqueira-DeGarcia, Strategy and Technology Leader at Broadridge. In the financial world, data is king. But many argue that firms are dangerously reliant on data they inadequately understand, unknowingly wielding a double-edged sword that can just as easily enrich as it can erode. This article pulls back the curtain on the murky world of...

EVENT

Buy AND Build: The Future of Capital Markets Technology, London

Buy AND Build: The Future of Capital Markets Technology London on September 19th at Marriott Hotel Canary Wharf London examines the latest changes and innovations in trading technology and explores how technology is being deployed to create an edge in sell side and buy side capital markets financial institutions.

GUIDE

Solvency II Data Management Handbook

Want to get a handle on Solvency II and what it means for data management? Need to make sure you have all the bases covered for the looming January 2016 deadline? Our Solvency II Data Management Handbook is now available for free download to help you. This Handbook is the ultimate guide to all things...