October 01, 2008

Deutsche Postbank (Bonn) has selected Asset Control's (New York) AC Plus financial and reference data management software.

Asset Control's AC Plus is a complete solution for centralized data management. The firm serves several large financial institutions including Barclays Global Investors, Wachovia Corporation, and JP Morgan Chase.

Postbank will use the Asset Control solution to provide quality controlled pricing data to the bank's risk control department and support its Internet Value at Risk (VaR) model for market risk.