The UK’s biggest asset management company, Asset Tracking, has been hired by one of the world’s biggest tech companies to develop software to track millions of asset portfolios.

The new asset tracking firm, which is based in Bristol, will work on creating a database of the holdings of more than a billion people around the world, with the aim of helping to save them from the “foreclosure trap”.

Asset Tracking CEO Adam Rennard said the technology could be used to “protect” people’s retirement accounts, but it was also used by banks and insurance companies to monitor the performance of their clients’ pension schemes.

Asset Tracking will also help banks monitor their clients as they move through life.

“I think the most important thing for banks to be aware of is the asset trap,” Mr Rennart said.

Asset Tracking has previously worked with banks and insurers to monitor pension funds’ investments and to identify suspicious transfers. “

But if you have a well-designed asset tracking program, then you can have a good idea of the asset you should be putting into your retirement account.”

Asset Tracking has previously worked with banks and insurers to monitor pension funds’ investments and to identify suspicious transfers.

The company has also developed an app that tracks investments made by pension funds.

Mr Rannard said asset tracking was the future of asset management, but that asset managers were increasingly looking to software to help manage their portfolios.

“Asset tracking has been a part of our strategy for some time,” he said.

“I think we are starting to see some of the technology companies start to look at it, and we would expect that to increase as more of our clients move into the asset management space.”

Mr Rennaard said he expected the software will be available for use in 2018.

“We are looking forward to seeing how it goes and whether it will be used by people outside the asset tracking industry,” he added.

Asset tracking is also used in the US, where the Securities and Exchange Commission is considering regulating it.

In 2018, the Securities Industry and Financial Markets Association, which represents the major asset managers, said asset management software should be regulated as securities.

“Investment management software that tracks asset data for private investors should be subject to the same federal securities rules as other investment management software, including securities registered under the Investment Company Act, the Investment Advisers Act and the Investment Products Act,” it said in a statement.

“There are currently no rules governing software to monitor assets that are held by pension plans and other retirement-related institutions.”

Asset tracking has also been used by companies to track health insurance plans’ investment performance.

The Australian Securities and Investments Commission has issued guidance in the past year about how to manage investments that may be used for insurance purposes, including the use of asset tracking.

The regulator said it was a matter for asset management companies.

“When an asset is used for a private benefit, it should not be tracked or analysed using asset tracking to identify any underlying risks or other information that could reveal a vulnerability,” the ACCC said in its 2018 guidance.