Deutsche Postbank Selects Asset Control for Market Data Management

New York (ots/PRNewswire) - Asset Control, a
world-wide leader in financial data management solutions, today
announced that Germany's largest retail bank Postbank has chosen
Asset Control's AC Plus financial and reference data management
software.

Postbank will use Asset Control to provide quality controlled
pricing data to the bank's risk control department and support its
Internal VaR (Value at Risk) Model for market risk. Postbank required
a solution that could be implemented to meet its time-to-market
objectives, while requiring only minimum IT resources in the
day-to-day management of the system.

Dr. Guenter Fiebach, head of risk control at Postbank, said, "We
chose Asset Control because the solution's template-driven
infrastructure will ensure a simpler initial implementation and allow
us to meet our required timelines. The solution also provides a
sophisticated workflow that will enable us to automate our data
management processes ourselves over time. In addition, Asset Control
has a strong, recognized customer base in Germany, and therefore has
a unique understanding of the local financial and regulatory
environment."

Phil Lynch, Asset Control's president and chief executive
officer, said, "Asset Control's strong presence in the German
financial markets and proven record for reliability and resilience of
our solutions will benefit Postbank today and in the future as their
data management needs evolve. We are delighted that Postbank has
chosen Asset Control, and we look forward to helping them to achieve
enhanced growth and success."

About Postbank

With 14.2 million active domestic customers, approximately 21,000
employees and total assets of EUR229 billion, Deutsche Postbank Group
is one of Germany's major financial services providers. Its focus is
on retail business with private customers. It is also active in the
corporate banking sector. In its "Transaction Banking" division, it
performs back office services for other financial services providers.
For more information, visit http://www.postbank.com.

About Asset Control

Asset Control provides centralized data management solutions for
financial institutions worldwide. From business-entity to firm-wide
projects, Asset Control offers a strategic reference and market data
platform that delivers the accuracy, consistency and relevancy firms
need to reduce costs and risk, manage evolving compliance needs, and
accelerate the delivery of new products and services. A Fidelity
Ventures company, Asset Control serves some of the world's most
successful financial institutions including Barclays Global
Investors, Wachovia Corporation, JP Morgan Chase, LCH.Clearnet,
E*TRADE Securities and Grupo Santander. For more information, visit
http://www.asset-control.com.

Trademark Information: Asset Control, the Asset Control logo and
AC Plus are trademarks or registered trademarks of Asset Control
Systems, Inc. or its subsidiaries or affiliates in the U.S. and/or
other countries. All other trade names are trademarks or registered
trademarks of their respective holders.

ots Originaltext: Asset Control International
Im Internet recherchierbar: http://www.presseportal.de

Contact:
Press Contact: Deborah Overdeput,VP, Marketing & Product Management,
Asset Control, +1-212-445-1076, doverdeput@asset-control.com