LCH chooses Asset Control International for data management

NEWS Finance organisation, London Clearing House (LCH), has selected data specialist, Asset Control International, to install a data management system to control its stock price operations. The Market Data Management software is designed to centralise and ease market price management which will be applied to LCH's risk management processes. LCH chose Asset Control International over a number of other vendors and an in-house pitch because its software provided the flexibility LCH wanted to prototype and enhance the system.