Asset Control Makes a ‘Pass’ at Buy Side with Managed Service
The vendor believes that offering its software platform as a managed service will future-proof its delivery model, as well as open it up to new classes of clients.
Data management software platform provider Asset Control has unveiled AC Pass (Platform as a Scalable Service), a data management service that delivers the functionality of its on-site AC Plus platform, but as a managed service, to appeal to a broader base of buy-side firms and tier-two banks beyond the vendor’s core base of major banks.
“Clients have a lot on their plate—a combination of still dealing with regulation such as Mifid II, while FRTB is becoming very active this year, and we see
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