ASSET CONTROL

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Business

Posted By Gbaf News

Posted on April 3, 2014

Asset Control was the original, and remains the leader in providing supremely reliable, high performance systems for the management of financial data worldwide. Founded in 1991, Asset Control helps banks and asset managers get high-quality financial data to the people and applications that need it. On time, all the time.

Asset Control’s systems and services underpin portfolio valuation, risk management and regulatory reporting in many of the world’s leading financial institutions. Providing highly automated and fully auditable workflows to manage market and reference data with unequalled efficiency, transparency and integrity.

Asset Control’s clients are diverse and global, from banks, broker-dealers, hedge-funds and investment managers to energy, (re)insurance and market infrastructure companies.

The financial data management solution offered by Asset Control makes it possible for buy-side and sell-side firms to control costs and achieve the highest standards of data governance in an environment of rising regulation with ever more prescriptive disclosure requirements; from Dodd-Frank to Basel III and Solvency II.

Richard Petti, Chief Executive Officer, Asset Control

Richard Petti, Chief Executive Officer has vast experience in the financial services industry and has a successful management career with global leaders in software for financial services and regulatory compliance, including nine years at SunGard Data Systems where he led global sales and services for a portfolio of enterprise risk systems. Petti joined Asset Control from WEMA Environmental Technology where he took the company to rapid growth as a leading innovator in environmental compliance software.

With a Masters Degree from L. Bocconi University in Milan in Economics and Management, Petti, who speaks 5 languages, brings an instinctively global outlook to business and a track record of delivering innovative and high-quality services to customers worldwide.

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