Asset Control International

Asset Control Enters Into Strategic Arrangement With Fidelity Enterprise Data Systems

    San Francisco (ots-PRNewswire) -  European Technology Leader Strikes Deal with American Financial Services Powerhouse to Bring Clients Top Quality Corporate Action Data.

    Asset Control International, a leader in providing streamlined data management systems to the international financial services community, and Fidelity Enterprise Data Systems (FEDS), a leader in outsourced corporate actions processing solutions, announced today a joint agreement which will offer Asset Control customers the highest quality corporate events information via ActionService(SM).

    The announcement came at this year's Sibos exhibition sponsored by S.W.I.F.T. in San Francisco, where Asset Control is demonstrating its data management solutions at Booth # B-32.

    ActionService offers clients optimum performance in corporate actions processing. Designed, developed, and operated by Fidelity's leading specialists, the ActionService solution automates the collection of multiple commercial corporate action data sources and uses highly skilled analysts, and leading edge technology to provide financial services institutions with the most accurate corporate announcement information currently available.

    "We are very pleased to bring this new service offering to Asset Control's impressive clientele," said Robert O'Brien, vice president at FEDS. "Throughout our discussions, we have been quite impressed with the people at Asset Control. They obviously have the best interests of their customers at heart, and we look forward to seeing our relationship with them continue and grow."

    Asset Control will interface the ActionService data feed with its own data management system to deliver cleansed, consolidated corporate action data to current and future customers. Asset Control is already a leading provider of solutions offering banks and other financial services institutions high-quality market data and static data. The agreement with FEDS will now allow Asset Control to offer high-quality corporate events information as well.

    "We expect ActionService to be an attractive offering to our customers," said Ger Rosenkamp, president and CEO of Asset Control. "We are very happy to be doing business with Fidelity, and hope this is the beginning of a long, mutually-beneficial relationship."

    About Asset Control

    Asset Control develops and implements a streamlined, enterprise-strength data management platform for securities data of all types. Its clients include the London Clearing House as well as a number of major investment banks, including: Abbey National, ABN AMRO, Bankgesellschaft Berlin, Barclays Capital, Commerzbank, HypoVereinsbank, ING Barings and Robeco. Established in 1990 by a team of experienced investment industry and information technology professionals, Asset Control is a privately held firm with operations in London, New York and the Netherlands. For more information, please visit

    About Fidelity Enterprise Data Systems

    Fidelity Enterprise Data Systems, a Fidelity Capital business unit, is a premier provider of global corporate action securities processing outsourcing solutions for financial institutions such as investment managers, broker-dealers and banks. Designed and built by Fidelity Enterprise Data Systems and leveraging its securities operations expertise, these products and services provide organizations with the most complete, timely and accurate global corporate action information available. For additional information on Fidelity Enterprise Data Systems and its services, contact Bob O'Brien at +1 (617) 563-6457 or Chris Madigan at +1 (617) 563-5360.

    For more information, or to schedule an interview with executives from Asset Control and Fidelity Enterprise Data Systems, please contact Benjamin Alfonsi at Clearview PR Associates, +1 (212) 966-9397, or

ots Original Text Service: Asset Control International Internet:

Contact: Benjamin Alfonsi of Clearview PR Associates, tel.: +1 212-966-9397, or, for Asset Control International

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