Source: Asset Control
Specialized agency brokerage and financial technology firm Investment Technology Group (NYSE: ITG) has selected Asset Control's AC Plus data management platform to provide ITG with global, multi-asset instrument data in support of the firm's growth initiatives. AC Plus will provide ITG with a centralized, scalable reference data and pricing architecture that meets ITG's time-to-market requirements and supports its growing range of product offerings.
David Meitz, managing director and chief technology officer at ITG, said, "Consistent and readily available reference and pricing data is an essential element in our ability to deliver the innovation our buy-side and sell-side clients need to expand their footprint and tap new markets. We view Asset Control's AC Plus as a key component helping us meet our short-term deliverables and to continuously scale strategically as we expand our offerings."
Phil Lynch, Asset Control's president and chief executive officer, said, "Asset Control is delighted to support ITG in providing the data consistency and agility needed to help their clients navigate new and complex markets, and to maintain its unique, long history of local product innovation. To be chosen by a technology savvy company such as ITG is validation of Asset Control's leadership as a data management solutions provider."