Asset Control, provider of financial data management solutions and services, has announced the appointment of Brooks Gibbins as VP Product and Strategy.
Mr. Gibbins will report to Phil Lynch, Asset Control's CEO and President, and is responsible for product management, corporate strategy and business development. The appointment is made with immediate effect and will further develop Asset Control's product and service offerings across both the mid- and top-tier financial institutions.
The financial information industry has undergone a major transformation, placing immense pressure on how institutions manage and consume data. Asset Control provides vendor-neutral solutions that enable organizations to aggregate all of their preferred sources of data into one usable feed. It ensures that risk management, audit, control and compliance systems are fuelled by accurate, accessible and actionable data, helping financial institutions to define their business strategy and reach their long-term business goals.
"Data is the foundation of financial organizations no matter what market you are in and this is precisely what drove me to join Asset Control," said Mr. Gibbins. "Increasing data volumes and market volatility call for enhanced governance and oversight of the data management process, while a plethora of regulatory changes demand much greater transparency. With its impressive 20-year track record and an unrivalled understanding of how market participants use financial data, Asset Control delivers the perfect combination of technology, architecture and software to address the challenges not just of today, but also the future."
Mr. Gibbins is a recognized expert in software development for financial services firms. He joins Asset Control from Microsoft and FAST, where he was Managing Director for Capital Markets, Banking and Insurance. Mr Gibbins was also a key executive at Multex, holding sales and product leadership roles through the firm's early growth, IPO, and acquisition by Reuters. At Multex, Mr. Gibbins was instrumental in the development of solutions for the buyside to access proprietary and broker research over the web. Mr Gibbins started his career in Price Waterhouse's SAP practice.
"This is a key strategic hire for Asset Control and Brooks' impressive credentials make him a natural fit with our management team," said Lynch. "We're always exploring the most innovative ways to connect publishers and consumers of data and Brooks' pedigree in the software and financial information industries directly supports this strategy.
"Accurate, accessible and actionable information has become the life blood of profitable and compliant businesses, whether that be tier one brokers, mid-tier players or niche hedge funds. Delivering solutions that meet the very different needs of these firms requires creativity, flexibility and a real commitment to understanding the challenges they face - all of which drive the evolution of our products and services," concluded Lynch.