NEW YORK, October 7 /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.