Asset Control is teaming with California-based Vitria to develop a joint solution for the distribution of 'golden copy' reference data to multiple systems.
The Asset Control Integration Module will combining Vitria's business integration package, BusinessWare, and Asset Control's data integration platforms to enable financial firms to establish quality and consistency in organisational data resources.
The Asset Control platform aggregates data from multiple real-time sources, such as data vendor feeds or in-house applications. The data is normalised, consolidated and cleansed to establish a composite golden copy set which is distrbuted - using Vitria's software - to applications across the enterprise.
Ger Rosenkamp, CEO, Asset Control, says: "We are providing the financial services industry flexible and extensible data management and distribution solutions in a scalable, adaptable, cost-effective manner."
The integrated solution is scheduled for launch in Q3 2003.