E*TRADE Securities Selects Asset Control for Management of Reference Data

Asset Control, a leading provider of Centralized Data Management (CDM) solutions to the financial services industry, today announced that E*TRADE Securities LLC, a wholly-owned subsidiary of E*TRADE FINANCIAL Corporation, has selected Asset Control's flagship product, AC Plus, for the management of securities reference data.

"For nearly two decades, Asset Control has provided robust centralized data management solutions to leading investment banks, asset management firms, brokerage houses and global energy groups," states Ger Rosenkamp, CEO of Asset Control. "We are delighted to have the opportunity to provide E*TRADE with a software solution to manage their securities reference data."