Asset Control Wins Financial-i Magazine's "Leaders in Innovation" Award for Reference Data Management

    NEW YORK, Dec. 12 /CNW/ - Asset Control, a leading provider of data
management solutions for financial services, today announced that it has won
Financial-i magazine's second annual "Leaders in Innovation" award for
reference data management.
    An advisory panel comprising a team of industry analysts and thought
leaders chose companies that have demonstrated a strong commitment to
innovation over the past 12 months. Such innovations have significantly
impacted customers in terms of their ability to deploy solutions cost
effectively, more readily interact and integrate them with other applications,
and the ability to use these solutions to solve business specific issues.
    Anita Hawser, editor of Financial-i magazine, said, "Financial-i was
impressed by Asset Control's roster of clients, the speed with which AC Plus
can be implemented, as well as its more recent focus on mid-tier clients."
    Phil Lynch, Asset Control's president and chief executive officer, said,
"Asset Control's continued investment in its strategic reference data
solutions and focus on helping financial institutions meet their
business-entity and firm-wide data management objectives have resulted in both
short and long term advantages for our customers. Our flexible approach helps
customers to align the management of reference data with specific business
goals. It allows customers to solve particular data management issues, build
upon successes, and expand the reference data framework to incorporate other
areas of business."

    About Asset Control

    Asset Control provides centralized data management solutions for
financial institutions worldwide. From business-entity to firm-wide projects,
Asset Control offers a strategic reference and market data platform that
delivers the accuracy, consistency and relevancy firms need to reduce costs
and risk, manage evolving compliance needs, and accelerate the delivery of new
products and services. A Fidelity Ventures company, Asset Control serves some
of the world's most successful financial institutions including Barclays,
Dresdner Bank, Harvard Management Company and Wachovia Corporation. For more
information, visit

    Trademark Information: Asset Control and the Asset Control logo are
trademarks or registered trademarks of Asset Control Systems, Inc. or its
subsidiaries or affiliates in the U.S. and/or other countries. All other trade
names are trademarks or registered trademarks of their respective holders.

For further information:

For further information: Deborah Overdeput, VP, Marketing & Product
Management, Phone: (212) 445-1076, Email:

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