Reference Data Stays Hot

IMD: Year in Review

In 2005, many firms invested in projects to improve their reference data whilevendors faced new competition.

Wachovia Corp. implemented the AC Plus data management system from Dutch softwarevendor Asset Control within its corporate investment bank (Jan. 24). Its goalwas to improve the quality of-and controls surrounding-the marketdata used in the CIB's risk models.

Abbey Financial Markets in London extended its deal with Asset Control to usethe AC platform for corporate actions data managemen

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