anca Euromobiliare (Suisse) Selects GAIN for the Integration of SIX Telekurs VDF Into Apsys
Swiss private bank benefits from straight-through-processing Apsys interface from AIM Software.
New York, NY, February 26, 2009 --(PR.com)-- AIM Software, a global provider of reference data management solutions to the financial industry, today announced the successful going-live of GAIN Data Management at Lugano-based private bank Banca Euromobilare (Suisse) where AIM Software's flagship product is used for the management and update of financial information. The solution manages the capture, processing and distribution of pricing as well as static data from the SIX Telekurs Valor Data Feed (VDF) into the banking application Apsys III by Sungard.
The Swiss bank Banca Euromobiliare (Suisse) SA is part of the Credito Emiliano (Credem) banking group, one of Italy’s leading banking groups. Banca Euromobiliare specialises in private banking and offers its clients bespoke investment solutions, focusing specifically on strategies optimised for high performance. Due to increasing demand from the market, it became necessary for the bank to enhance its straight through processing and to improve the level of automation for pricing and static data.
“AIM Software has a range of interfaces to complex data feeds, which reduces the overall development costs as well as the implementation effort,” explains Elena Carosi, Vice President Operations at Banca Euromobiliare. “The solution of AIM Software helps us to improve the quality of our reference data utilized within our back office and to increase the level of processing automation throughout the whole organization.”
The GAIN standard interface to Apsys is based on the GAIN framework and enables the automated import, processing and mapping of financial data into the banking application Apsys. At Banca Euromobiliare, GAIN takes care of the daily updates of security prices, FX rates or income and revenue data as well as the automatic creation of new securities. The system thereby considerably improves the degree of straight through data integration while reducing the risk of flawed input caused by usually manual processing of data. Owing to its modularity and its flexible architecture, GAIN will serve Banca Euromobiliare as a future proof platform allowing for an easy step by step integration of additional functionalities and further sources.
A main advantage for the client was the short project duration and the reduced implementation effort, which became possible on account of the deployment of GAIN together with the standard GAIN | Apsys interface, developed in collaboration between AIM Software and Sungard.
“By offering GAIN to streamline the verification and consolidation of the financial data, we are able to provide our customers with a high level of automation,” explains Martin Buchberger, Head of Marketing and Sales at AIM Soft-ware. “With GAIN, we have always been aiming at providing a future proof and constantly evolving data management platform fully aligned with the evolution of Apsys. GAIN is already being utilized by thirteen banks in our growing GAIN | Apsys community, which significantly reduces the overall costs for a single institution.”
About AIM Software
Established in 1999, AIM Software (www.aimsoftware.com) is one of the leading providers of data management solutions for financial markets, with offices in Switzerland, Austria, the USA, Hong Kong and Japan. Based on the worldwide service and support partner network, AIM Software provides internationally established software solutions and services with more than 100 references in 17 countries. Supported by the large client base, AIM can offer low risk and low cost all-in-one software packages, based on its industry proven data management software platform GAIN.
For further information, please visit http://www.aimsoftware.com.
Contact:
Cornelia Brunner
PR & Communications
Tel: +41 (44) 586 46 52
e-mail: pr@aimsoftware.com
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The Swiss bank Banca Euromobiliare (Suisse) SA is part of the Credito Emiliano (Credem) banking group, one of Italy’s leading banking groups. Banca Euromobiliare specialises in private banking and offers its clients bespoke investment solutions, focusing specifically on strategies optimised for high performance. Due to increasing demand from the market, it became necessary for the bank to enhance its straight through processing and to improve the level of automation for pricing and static data.
“AIM Software has a range of interfaces to complex data feeds, which reduces the overall development costs as well as the implementation effort,” explains Elena Carosi, Vice President Operations at Banca Euromobiliare. “The solution of AIM Software helps us to improve the quality of our reference data utilized within our back office and to increase the level of processing automation throughout the whole organization.”
The GAIN standard interface to Apsys is based on the GAIN framework and enables the automated import, processing and mapping of financial data into the banking application Apsys. At Banca Euromobiliare, GAIN takes care of the daily updates of security prices, FX rates or income and revenue data as well as the automatic creation of new securities. The system thereby considerably improves the degree of straight through data integration while reducing the risk of flawed input caused by usually manual processing of data. Owing to its modularity and its flexible architecture, GAIN will serve Banca Euromobiliare as a future proof platform allowing for an easy step by step integration of additional functionalities and further sources.
A main advantage for the client was the short project duration and the reduced implementation effort, which became possible on account of the deployment of GAIN together with the standard GAIN | Apsys interface, developed in collaboration between AIM Software and Sungard.
“By offering GAIN to streamline the verification and consolidation of the financial data, we are able to provide our customers with a high level of automation,” explains Martin Buchberger, Head of Marketing and Sales at AIM Soft-ware. “With GAIN, we have always been aiming at providing a future proof and constantly evolving data management platform fully aligned with the evolution of Apsys. GAIN is already being utilized by thirteen banks in our growing GAIN | Apsys community, which significantly reduces the overall costs for a single institution.”
About AIM Software
Established in 1999, AIM Software (www.aimsoftware.com) is one of the leading providers of data management solutions for financial markets, with offices in Switzerland, Austria, the USA, Hong Kong and Japan. Based on the worldwide service and support partner network, AIM Software provides internationally established software solutions and services with more than 100 references in 17 countries. Supported by the large client base, AIM can offer low risk and low cost all-in-one software packages, based on its industry proven data management software platform GAIN.
For further information, please visit http://www.aimsoftware.com.
Contact:
Cornelia Brunner
PR & Communications
Tel: +41 (44) 586 46 52
e-mail: pr@aimsoftware.com
###
Contact
AIM Software
Cornelia Brunner
+43 1 512 46 52
http://www.aimsoftware.com
Cornelia Brunner
+43 1 512 46 52
http://www.aimsoftware.com
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