Deutsche Postbank selects Asset Control

Germany's largest retail bank Postbank - with 14 million active domestic customers, approximately 21,000 employees and total assets of €229 billion - will implement Asset Control's AC Plus financial and reference data management software. Postbank will use AC Plus to provide quality controlled pricing data to its risk control department and support the bank's internal VaR (Value at Risk) model for market risk. According to Asset Control, Postbank required a product that could be implemented