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ASSET CONTROL APPOINTS NEW CHIEF EXECUTIVE OFFICER

Mark Hepsworth to deliver the company’s vision for the future of financial data management

 Asset Control today announces the appointment of Mark Hepsworth as Chief Executive Officer (CEO) with immediate effect.

 Mr. Hepsworth brings to Asset Control the experience of a career with leading providers of financial data, application software and services and a track record of successful product innovation and business development.

 Prior to joining Asset Control, Mr. Hepsworth served at Interactive Data Corporation (IDC) as President, EMEA and was a member of the company’s executive leadership team. Previously with IDC in New York, he led the company’s core Pricing and Reference Data business from 2008. Beginning his career in financial services at ACT Financial Systems (now part of Misys), Mr. Hepsworth later joined Standard and Poor’s Comstock as Managing Director, EMEA, a role he held until the business was acquired by IDC in 2003.

 Commenting on his appointment, Mr. Hepsworth says: “I am delighted to be joining Asset Control as CEO. Asset Control has been at the heart of financial data management for 25 years and has grown to serve an impressive community of clients drawn from the world’s leading financial institutions. I look forward to working with our customers and the talented team of industry experts at Asset Control.  We will continue to focus on world-class service as we deliver data management solutions that are effective and efficient.”

 Based at Asset Control’s City of London headquarters, Mr. Hepsworth’s appointment follows recent announcements by Asset Control of new products aimed at helping banks meet the new regulatory exposure reporting standards known as FRTB.  Mr. Hepsworth will lead and develop Asset Control’s mission to help clients stand behind the integrity of all their financial data.