Product Control is a control and support function, responsible for ensuring accurate financial reporting for trading, lending and treasury desks. The function is typically located within investment banking, corporate treasuries, hedge funds and more recently, crypto trading firms. See Middle office and Financial risk management § Banking.Given the responsibility for the financials, outlined below, Product Control is most commonly located within the Finance function, reporting into the CFO. The controllers are then assigned to a particular asset class, for example the Credit, Rates or FX desks