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

Valuation Service Provider Prime Source Selects Asset Control’s AC Plus for Data Management

Subscribe to our newsletter

NYSE Euronext’s valuations service subsidiary, Prime Source, has selected Asset Control’s AC Plus financial and reference data management software to support the data requirements of its independent valuations business. Marie-Helene Cretu, CEO of Prime Source, explains that it has implemented the software to cope with increasing customer demands for new markets, geographies and instruments, all of which has a significant impact on the vendor’s data requirements.

Accordingly, Prime Source hopes to use AC Plus to update its data management system to support the management of financial data sources and customers’ portfolios. Cretu explains: “As our customers expand into new markets and geographies to trade a growing list of complex financial instruments, we must ensure that the way we handle our multiple data sources is the most efficient. In this matter, Asset Control’s AC Plus will allow Prime Source to stay ahead of the industry’s trends by ensuring reliability and transparency in the data management and quality in the audit trail.”

Launched in February 2008, Prime Source provides financial institutions with a portfolio valuation service covering asset classes and financial instruments, including both plain vanilla and complex structured products.

Subscribe to our newsletter

Related content

WEBINAR

Upcoming Webinar: How to maximise the use of data standards and identifiers beyond compliance and in the interests of the business

Date: 18 July 2024 Time: 10:00am ET / 3:00pm London / 4:00pm CET Duration: 50 minutes Data standards and identifiers have become common currency in regulatory compliance, bringing with them improved transparency, efficiency and data quality in reporting. They also contribute to automation. But their value does not end here, with data standards and identifiers...

BLOG

Bloomberg Releases GenAI-Powered Earnings Call Summaries

Bloomberg has released AI-Powered Earnings Call Summaries, the company’s first generative AI (GenAI) product for terminal users. The tool enables users to decipher complex financial information and quickly extract key insights on topics addressed by corporate management teams, such as guidance, capital allocation, hiring and labour plans, the macro environment, new products, supply chain issues,...

EVENT

TradingTech Summit London

Now in its 13th year the TradingTech Summit London brings together the European trading technology capital markets industry and 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

The Global LEI System – A Solution for Entity Data?

The Global LEI System – or GLEIS – has been in development since the middle of last year. Development has been patchy at times, but much has been done, leaving fewer outstanding issues, but also raising new questions. What’s emerging is a structure for the GLEIS going forward, complete with a mechanism for registering and...