Asset Control, a world-wide leader in financial data management solutions, announced today that it has expanded its global data coverage by adding Telekurs' Valdordata Feed (VDFTM) content to Asset Control's centralized reference and financial data management solution.
VDF provides reference data, corporate actions information and price data on over 3 million financial instruments worldwide, with up to 10 years of historical information and up to 1500 data fields related to each instrument, all in a coded form. Asset Control helps portfolio managers, traders, and risk and compliance teams to better support decision making by enriching and consolidating reference, valuation and corporate actions data employed throughout their organizations using one off-the-shelf solution.
"For the automation of the processing chain in the field of securities transactions, VDF and a close co-operation with Asset Control are important prerequisites for successful data management in a workflow solution", said Markus Benz, partner relations manager at Telekurs Financial.
Phil Lynch, Asset Control's president and chief executive officer, said, "Telekurs VDF offers Asset Control clients an extraordinary depth of data. It helps financial institutions create a complete reference data management process that covers a vast range of instrument data needs, while providing users with enhanced, detailed data coverage on a global scale."