Case Study: ING achieves consistent, controlled data management with Asset Control’s AC Plus

Delivering consistency and control to ING

ING needed a central way to cleanse, validate, transform, and deliver financial data because different business units were using inconsistent processes, which made reporting to management and regulators difficult. To solve this, ING chose Asset Control’s AC Plus platform to support market risk management, credit risk management, and product control, serving data to about 2,000 users across multiple applications.

Asset Control implemented AC Plus as a scalable enterprise data management solution that pulls from up to 12 internal and external data sources, processes daily batches in as little as 20 minutes, and delivers data in multiple formats. The results included easier audits, stronger transparency, faster reporting, and annual savings of more than $400,000 from improved vendor management, along with an 85% reduction in data management specialist headcount.

ING