Asset Control, a world-wide leader in financial data management solutions, announced today that Asset Control’s product marketing director, Martijn Groot, has published a book on financial information management through Elsevier publishers. Entitled Managing Financial Information in the Trade Lifecycle, it is the first book fully dedicated to the financial information supply chain and best practices to managing all aspects of it.
Managing Financial Information in the Trade Lifecycle is a concise reference manual of financial products, supporting information, financial content suppliers and the processes they empower. Providing an overview of different quality aspects of financial information and types of summary metrics, the book also discusses operational risk management, regulatory topics and wider industry issues around financial information management, sourcing and distribution. It also draws from actual lessons learned by presenting many real-life scenarios of the business.
“The premise of the book is that data management is so critical to the financial services business today that it cannot be considered as an afterthought,” said Martijn Groot, product marketing director at Asset Control. “Data management reaches across the front, middle and back offices to address time-to-market, compliance and operational efficiency requirements.”
Phil Lynch, Asset Control’s president and chief executive officer, said, “With an increasingly complex global trading environment, financial services firms need to be more agile and efficient while reducing risk and improving transparency.
Martijn’s book provides a comprehensive blueprint to helping firms meet regulatory requirements and sustain business growth, as these objectives are increasingly dependent on the efficient management of data throughout the trade lifecycle.”