d-fine, a leading European consulting firm, and Asset Control, the market leader in financial data management have launched an initiative to integrate d-fine’s quantitative analytics (quant) capabilities with Asset Control’s new market data warehouse. The new initiative will enable clients of both companies to derive greater insight and value from their business data, while also achieving operational efficiencies from enhanced data management and mastering processes.

Asset Control’s market data warehouse enables clients to set up a two-stage data management process that provides business users with full access to prepared data while running a separate production mastering process that is unaffected by business user requests.

This is complemented by d-fine’s deep understanding of business, quantitative modelling and firm-wide IT infrastructures to create modern market data infrastructures for clients that combine market leading data management technology with powerful data access and analytics for business users.  This capability is exemplified by advanced curve and vol cube building capabilities, powered by d-fine’s pricing library MoCo, which facilitate a deeper integration of valuation and market data functions.

The new initiative comes at a time when the financial services industry is continuing to evolve its requirements for market data sourcing, mastering and creation of analytics. Two major trends are driving this. Business users have growing requirements for high-quality market data combined with precise and extensive meta-data for data-driven financial modelling in pricing, hedging, market analysis, risk and finance. In parallel, regulators and auditors increasingly scrutinize data preparation processes, data lineage and governance. Both trends are against an industry backdrop of reducing costs, increasing operational effectiveness and improving service levels.

Dr Hans Peter Wächter, Partner, d-fine GmbH, said: “We are delighted to have found in Asset Control a partner whose visionary approach to financial market data parallels our own. Moving forwards, we will continue to continuously invest in our staff members and in-house infrastructure to provide optimal solutions for our clients – from adding bespoke services to implementing, migrating and upgrading Asset Control’s solutions.”

Neil Sandle, Head of Product Management, Asset Control, said: “d-fine’s expertise in financial analytics and business expertise complements Asset Control’s financial data management and analytic capabilities. These include our Ops360 end-to-end mastering platform, data lineage to enable traceability of market data and ACX, our market data warehouse solution, to provide analytics and derived pricing capabilities.”

About d-fine GmbH

d-fine is a major European consulting firm with leading experience in all quantitative, analytical and technological challenges in the financial industry and beyond. Our almost 1.000 employees combine a strong quantitative and technical background (mostly from mathematics, physics and computer science) with hands-on industry experience to provide most value in our clients’ projects.

In the area of financial market data, d-fine serves as an independent partner to the industry offering the full service spectrum: from business-related questions concerning selection/quality of market data and design of market-data driven financial models over the design and implementation of state-of-the-art infrastructures to governance and cost optimization topics. For more information, please visit www.d-fine.com