Asset Control has added new content sets in deals with CB.Net and Standard & Poors. It follows Omicronn and ACE (Reference Data Review, November 2004) in integrating CB.Net’s BankSearchPlus international payments directory into its AC Plus data management system. Ken Payne, director of sales and marketing at Asset Control, says, “Our customers have expressed strong interest in this data, and we are delighted to provide full integration of SSIs into our centralized data management system.”
Asset Control is also integrating Standard & Poor’s credit rating information provided through the RatingsXpress feed into its AC CompanyMaster. The integration of S&P’s credit ratings on both issuers and issues provides an information gathering and monitoring tool for current information and historical trends for Basel II credit risk compliance and counterparty credit risk management. “Credit risk analysis and monitoring depend on ratings that are reliable and timely. S&P is an industry leader in this field,” says Payne.