Asset Control has added the Telekurs Valordata Feed (VDF) to its 'golden copy' reference data set.
Along with the VDF interface, the mapping of the VDF data is now a stock component of AC Plus, Asset Control's plug-and-work data management solution for in-house use. The VDF is one of the leading sources of pricing, reference and corporate actions data and forms an important component of Asset Control's recent partnership with corporate actions vendor XcitekSolutionsPlus.
The Dutch vendor says this is the first of a series of announcements regarding normalisation and subsequent cleansing and consolidation protocols for major vendor feeds.
"By simultaneously translating vendor feeds to a common data standard before consolidation, we eliminate the largest part of data integration work," says Ger Rosenkamp, CEO of Asset Control, "and we create an environment in which our customers can freely choose the components of their golden copy, with minimal concern of how any feed's characteristics might complicate the overall consolidation process."
He says the methodology used to map and define data feeds within the model will also be used by ACDEX, Asset Control's outsourced utility for investment data management.