New name Reflects Company's Evolution to an integrated Financial Data 
Management and Analytics Cloud Services Business

Today, Asset Control announces it has rebranded as Alveo to reflect the 
significant change that has happened within the business since moving to new 
ownership over two years ago. During this time the Company has focused on new 
product innovation, upgrading its core software to be cloud native, moved to a 
managed services deployment model and leveraged cloud technologies to 
accelerate implementation timelines.

Mark Hepsworth, CEO, said: "By changing our name we want to signal how much the 
Company has changed in recent years. As well as the move to cloud, one of the 
main trends we address is business user self-service and this has been central 
to our product roadmap. Business users want to move away from relying on IT 
teams to acquire and manipulate data and need to be self-sufficient.  Data is a 
huge and increasing part of their job and users require data accessibility, 
insight and control to improve productivity. We have also focused on closing 
the gap between data management to prepare high-quality data and creating 
analytics. To bridge these two capabilities we provide out of the box analytics 
and an open-source based processing environment that facilitates users creating 
their own analytics."

Alveo's integrated managed service solution for data mastering and data 
analytics has recently been implemented by a range of new customers including 
asset managers, banks and global clearing and trading platforms.

Hepsworth adds: "Nowadays our solutions are used by clients across the 
financial services industry including asset managers, insurance companies, 
banks and different types of market infrastructure firms. Common themes we 
address include business user self-service, ensuring high quality data and data 
cost optimization.  Our deep domain experience within the Company combined with 
our focus on using new technologies and delivery models, will, I believe, 
enable Alveo to continue to grow as a market leader in financial data 
management and analytics."

Alveo is the leader in market data integration and analytics solutions for 
financial services. Focused on optimizing data flows for business user 
self-service, we provide cloud-native data aggregation and data quality 
management that enables clients to easily access trusted data while maximizing 
their data ROI. 

www.alveotech.com 

SOURCE:  Asset Control