BTG Pactual, a Brazilian investment bank, will implement solutions provider Asset Control's AC Plus.
Stage one of the implementation is scheduled to be completed by the end of next quarter, leveraging Asset Control’s local delivery capability.
BTG Pactual will have access to AC Plus’ out-of-the-box Bloomberg loader, which is fully supported and updated by Asset Control. The loader provides quick time to production, and mapping libraries eliminate the maintenance required on updates to the Bloomberg feed.
Phil Lynch, CEO of Asset Control, said: “The rapidly expanding economies of Latin America and Brazil represent a real opportunity. Technology will be a necessity for capitalizing on this growth, but investment will only provide returns when combined with a focus on data management.”
