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

Essent Trading Replaces Proprietary Pricing Database with Asset Control’s Platform

Subscribe to our newsletter

Swiss energy trading outfit Essent Trading has picked Asset Control’s data management software to replace its proprietary pricing database. The firm is using the Asset Control solution to centralise its energy and commodity market data.

According to Essent Trading, its growth in energy and commodities across markets in Europe means that the ability to manage increasing volumes of complex data and to perform a high level of analysis is critical to maintaining competitive advantage. Essent Trading required a solution that would improve performance and scalability, and accommodate future time series data needs such as volume profiles and weather data.

Leon Smits, chief investment officer at Essent Trading, explains: “Because the energy industry is highly distinct, complex and uniquely demanding, our technology requirements needed to match our specific needs. Asset Control was the best fit for our criteria for future business functionality, performance, scalability and robustness. The software’s time series calculations were a key factor in our decision, as was its ability to streamline data export and data access, and reduce risks by allowing a more precise view of data.”

Asset Control claims that its expansion tools are helping the firm to support new data feeds and prepare pricing data for risk engines, valuation, mark-to-market and position reporting, and user data checks and desktop calculations.

Phil Lynch, Asset Control’s president and chief executive officer, says: “Our customers appreciate our flexible and modular approach which allows them to solve today’s tactical business issues while building a data management infrastructure that enables them to be more nimble in meeting the firm’s growth and expansion plans.”

Subscribe to our newsletter

Related content

WEBINAR

Upcoming Webinar: Navigating a Complex World: Best Data Practices in Sanctions Screening

5 November 2025 10:00am ET | 3:00pm London | 4:00pm CET Duration: 50 Minutes As rising geopolitical uncertainty prompts an intensification in the complexity and volume of global economic and financial sanctions, banks and financial institutions are faced with a daunting set of new compliance challenges. The risk of inadvertently engaging with sanctioned securities has...

BLOG

Bloomberg Debuts Real-Time Events Data Feed

Bloomberg has broken new ground with the release of its Real-time Events Data solution, which it says will help financial institutions make better decisions faster, based on the most accurate and timely information. The US financial data and technology behemoth has leveraged its real-time streaming API connectivity to provide subscribing clients with data from earnings...

EVENT

TradingTech Summit 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

Regulatory Data Handbook 2025 – Thirteenth Edition

Welcome to the thirteenth edition of A-Team Group’s Regulatory Data Handbook, a unique and practical guide to capital markets regulation, regulatory change, and the data and data management requirements of compliance across Europe, the UK, US and Asia-Pacific. This year’s edition lands at a moment of accelerating regulatory divergence and intensifying data focused supervision. Inside,...