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Asset Control Secures Standard Chartered, Standard Bank for PriceMaster

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Asset Control has secured two new clients for its AC PriceMaster for market risk data. The service was rolled out at Standard Chartered in six months. It is used to generate risk factors and curves, as well as standardizing and consolidating market data, sourced from multiple vendors and internal sources to support risk management functions, as well as trading support, portfolio analytics, market conformity and net asset valuation. At Standard Bank of South Africa, PriceMaster was chosen for global management of risk data. It will be implemented in Johannesburg and later in London.

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