Barclays Global Investors signs for Asset Control data management platform

Barclays Global Investors signs for Asset Control data management platform

Barclays Global Investors (BGI) is implementing Asset Control's flagship product, AC Plus, as its central data repository for reference and time series data.

Netherlands-based Asset Control says BGI will begin a global implementation of its centralised data management platform in January 2006.

The system will be configured to BGI's business requirements, managing data from a large number of external and internal data sources to include equity, fixed income and research data.

Asset Control says its AC Plus technology will consolidate the management of time series data and reference data, resulting in high-quality information to be distributed to diverse applications such as BGI's trading systems, portfolio management and research systems.

"Asset Control's AC Plus solution was selected for its ability to provide BGI with high quality and consistent data management, strategic for our operations" says Iain Greer, global IT product head at BGI. "In addition, particularly key to our selection was the solution's flexible architecture and the ease in which Asset Control could handle large volumes of data concurrently to accommodate our strict performance benchmarks."

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