scalability, ease of administration, and data model extensions
November 29, 2004 Asset Control, a leading provider of centralized data
management solutions to the financial industry, today announced that Citadel Investment Group, L.L.C., a global leader in alternative investments, has successfully deployed Asset Control's AC Plus data management platform. This deployment includes significant new enhancements co-developed by the two firms.
"We are delighted to have met Citadel's demanding requirements in this first round of co-development work, " said Ger Rosenkamp, CEO of Asset Control. "As a result of this collaboration, AC Plus now has added speed and scalability, as well as new features to expedite implementation and simplify administration of centralized data platforms."
Enhancements to the AC Plus platform include data model extension, streamlining of the reference data model to speed queries and reduce administrative overhead, and increased speed of data loading. The enhancements have attracted interest in the Asset Control customer base and several firms currently scheduling implementation of these new features.