Wachovia Seeks to Improve Data

FRONT PAGE: OPERATIONS

Wachovia Corp is implementing the AC Plus data management system from Dutch vendor Asset Control within its corporate investment bank (CIB), officials confirm.

The bank has signed up for AC Plus’ Data Analyzer module; AC Server, configured to support time-series tick data; and various gateways to support different data sources. Its goal is to improve the quality of—and controls surrounding—the market data used in the CIB’s risk models.

The system is due to go live within the risk management de

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