NEW YORK, February 27 /PRNewswire/ --

- Provides Client With JMS API for Asynchronous Messaging

Asset Control, the world's leading provider of Centralized Data Management (CDM) solutions to the financial industry, has kicked off 2006 with a major new customer for its flagship product, AC Plus, for enterprise-wide reference data management. Based in New York City, this hedge fund has net assets under management of over US$12 billion.

The hedge fund will be the first user of a Java Message Service (JMS) interface. This new interface will broaden communications from AC Plus to other systems. The hedge fund's objective in using this new interface is to more tightly couple the AC Plus infrastructure with the firm's existing suite of front, middle and back office applications.

Completion of this java messaging interface is a next important step in Asset Control's efforts to achieve Operational Coherency for its customers, providing them the lowest total cost of ownership. The JMS interface delivers a framework for providing integration with messaging, web services and Enterprise Java Beans applications and enables AC Plus to integrate with a wide variety of JMS-compliant products such as MQSeries via asynchronous XML-based messaging. The integration framework is hosted in a J2EE 1.4 compatible application server and supports queries and updates in the Asset Control server. This JMS interface joins other Asset Control connectivity products including bi-directional real-time replication, notification, and a comprehensive suite of publish and consume APIs.

"JMS technology helps address the desire of financial institutions to shorten implementation cycles and keep costs under control," says David Hirschfeld, Senior VP of Operations, Asset Control. "This integration framework dramatically expands the standards-based integration options of AC Plus allowing much faster and tighter integration with the downstream systems of our clients."

"Asset Control's product development strategy is strongly influenced by the needs of our customers and future customers," observes Ger Rosenkamp, CEO, Asset Control. "Our hedge fund clients have complex requirements so it is particularly pleasing that our product vision is appreciated by the hedge fund industry and has resulted in another new customer from this community."

About Asset Control

Asset Control is the world's leading provider of Centralized Data Management (CDM) to financial industry firms. With a complete range of in-house and outsourced options, Asset Control delivers Total Data Management(R) (TDM), a hybrid approach to data management. The selection of developer tools, turnkey software solutions and outsourced services enable users to optimise their investment data for efficiency, cost control, reduced operational risk and increased value from their data.

Derived from the robust and reliable AC Plus modular framework, the Asset Control product set includes data solutions addressing market risk, counterparty credit risk, security master, research and corporate actions, as well as global data networking and administration. Handling data from vendors and in-house systems, these solutions collect, validate, normalise, and consolidate data into cleansed composite "golden copy" sets for business use.

Customers include Abbey National, ABN AMRO, Barclays Capital, Barclays Global Investors, Bayerische Landesbank , BBVA, Commerzbank, IBM (Dresdner Bank), Grupo Santander, Harvard Management Company, HSH Nordbank, HypoVereinsbank, ING, LCH.Clearnet, Robeco Groep, Société Générale, Standard Bank, Standard Chartered and Union Investment, as well as a super-major global energy group. Established in 1991, Asset Control is a privately held firm with operations in London, New York and the Netherlands. For more information please visit www.asset-control.com.

Contact: Gail Sheridan, Public Relations, T: +44-7815-100-656, gail.sheridan@rivercalm.com