eSecLending Selects Asset Control for Data Management

New York (ots/PRNewswire) - Asset Control, a world-wide
leader in financial data management solutions, today announced that
eSecLending, a leading full-service securities lending agent, has
chosen Asset Control's AC Plus financial and reference data
management software following a rigorous search and selection
process.

eSecLending will use AC Plus to support the company's efforts to
further increase automation in their securities lending programs
which rely on complete and accurate securities data including
ratings, end of day prices and corporate actions. AC Plus will help
eSecLending in cleansing data and managing exceptions, while
supporting increasing volumes and breadth of data.

Daniel Fowler, chief information officer at eSecLending, said,
"We chose Asset Control's AC Plus for its ability to handle large
volumes of all asset classes. The flexible data model will allow us
to continue to grow our business while achieving greater efficiencies
and scalability. AC Plus' cleansing and exception process, through
its intuitive desktop interface, will allow us to significantly
reduce manual processing and ensure that quality data is available
quickly to lenders and borrowers."

Phil Lynch, Asset Control's president and chief executive
officer, said, "In the rapidly growing securities lending business,
the ability to efficiently support high volume lending and borrowing
with quality data is a crucial imperative. Asset Control's AC Plus
provides the right data management tools to help industry innovators
such as eSecLending to gain efficiencies, improve data quality and
enhance service, with room to scale and expand as their business
needs change."

About eSecLending

eSecLending is a leading full-service provider and administrator
of customized securities lending programs and is one of the largest
lending agents in the marketplace. Its program has been adopted by
some of the world's largest and most sophisticated asset gatherers
including pension funds, mutual funds, investment mangers and
insurance companies. eSecLending's approach has introduced investment
management practices to the securities lending industry, offering
beneficial owners an alternative to the custodial lending model.
Through eSecLending, beneficial owners have achieved optimal returns,
greater transparency and increased control over their program as
compared to traditional lending models. The firm now manages
approximately $500 billion in lendable assets on behalf of its global
client base.

eSecLending maintains offices in Boston, London and Burlington,
Vermont. Securities Finance Trust Company, a Maryland USA trust
company, Securities Finance Global Advisors LLC, an SEC registered
investment advisor and/or eSecLending (Europe) Ltd., authorized and
regulated by the Financial Services Authority, perform all regulated
business activities. Additional information about eSecLending is
available on the company's website, http://www.eseclending.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