AIB Installs AC for Risk Pricing

FRONT PAGE: DATA CONSUMERS

The treasury division of Allied Irish Banks' capital markets business is finalizing the rollout of a turnkey technology solution from data management software provider Asset Control to improve risk management by consolidating AIB's price data.

The parties began talking last year about implementing the vendor's technology suite last year as part of AIB's strategy to deal with risk and accounting regulations such as Basel II, Sarbanes-Oxley and IAS 39, and reached a deal in Q4, according to Asset

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