04:05 PM
Essent Trading Switches To Asset Control’s Data Management Software
Asset Control, provider of financial data management solutions, announced today that Essent Trading has implemented Asset Control's data management software to replace Essent Trading's proprietary pricing database.
Essent Trading has chosen to replace their own software with Asset Control's in response to Essent's continued growth in energy and commodities across markets in Europe and a need for a solution that would improve performance and scalability.
Leon Smits, CIO at Essent Trading, said, "Because the energy industry is highly distinct, complex and uniquely demanding, our technology requirements needed to match our specific needs."