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

Deutsche Postbank Picks Asset Control’s AC Plus

Subscribe to our newsletter

German bank Deutsche Postbank has selected Asset Control’s AC Plus financial and reference data management software to provide pricing data to the bank’s risk control department and support its internal value at risk (VaR) model for market risk.

Phil Lynch, Asset Control’s president and CEO, says that the vendor has been speaking to the bank since mid-2007 about the implementation. He reckons that the vendor’s presence in the German financial markets was a strong contributing factor to their selection of Asset Control. “Postbank chose Asset Control for its ease of use, low resource requirements, proven value among customers in Germany, and positive feedback from existing customers,” he says.

Dr Guenter Fiebach, head of risk control at Postbank, confirms the reasons behind the bank’s choice of vendor solution: “We chose Asset Control because the solution’s template driven infrastructure will ensure a simpler initial implementation and allow us to meet our required timelines. The solution also provides a sophisticated workflow that will enable us to automate our data management processes ourselves over time. In addition, Asset Control has a strong, recognised customer base in Germany, and therefore has a unique understanding of the local financial and regulatory environment.”

Lynch explains that prior to its implementation of AC Plus, Postbank used direct feeds of pricing data into its risk system. Postbank chose to move to the vendor solution because it “needed a more comprehensive framework that provides more reliable data and a coherent data history for its risk system”, he adds.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Streamlining trading and investment processes with data standards and identifiers

Financial institutions are integrating not only greater volumes of data for use across their organisation but also more varieties of data. As well, that data is being applied to more use cases than ever before, especially regulatory compliance and ESG integration. Due to this increased complexity of institutions’ data needs, however, information often arrives into...

BLOG

Data Usage Rights Patent is Music to the Ears of VendEx Boss

Richard Clements has a talent for explaining highly technical concepts in ways that make them sound as easy as listening to your favourite song. Which is apt, considering that the chief executive of VendEx, a vendor and data cataloguing technology provider, explains his company’s latest innovation with a guitar perched on a stand beside him....

EVENT

TradingTech Briefing New York

Our TradingTech Briefing in New York is aimed at senior-level decision makers in trading technology, electronic execution, trading architecture and offers a day packed with insight from practitioners and from innovative suppliers happy to share their experiences in dealing with the enterprise challenges facing our marketplace.

GUIDE

AI in Capital Markets: Practical Insight for a Transforming Industry – Free Handbook

AI is no longer on the horizon – it’s embedded in the infrastructure of modern capital markets. But separating real impact from inflated promises requires a grounded, practical understanding. The AI in Capital Markets Handbook 2025 provides exactly that. Designed for data-driven professionals across the trade life-cycle, compliance, infrastructure, and strategy, this handbook goes beyond...