Data management technology specialist Asset Control will supply BGI with a central data repository for reference data and time series data management worldwide. A global implementation is due to begin in January 2006.
As one of the world’s largest institutional investment firms, BGI said that in its selection of Asset Control, it was looking for high quality and consistent data management.
Iain Greer, global IT product head of BGI said, Particularly key to our selection was the solution’s flexible architecture and the ease in which Asset Control could handle large volumes of data concurrently to accommodate our strict performance benchmarks.
Having undergone an extensive performance evaluation, AC Plus will be configured to BGI’s business requirements, managing data from a large number of external and internal data sources to include equity, fixed income and research data. Asset control says the solution will consolidate the management of time series data and reference data, resulting in high-quality information being distributed to many diverse applications such as BGI’s trading systems, portfolio management systems and research systems
