AIM Software, Xen Business Solutions Ink Reference Data Partnership

AIM Software and Xen Business Solutions announced a strategic alliance to provide a seamless integration between their respective solutions. The integrated solution will offer financial institutions an approach to manage treasury and portfolios through Xen Business's COMPASS solution, while employing

By None

AIM Software and Xen Business Solutions announced a strategic alliance to provide a seamless integration between their respective solutions.

The integrated solution will offer financial institutions an approach to manage treasury and portfolios through Xen Business’s COMPASS solution, while employing AIM Software’s GAIN DataDesktop to manage the full lifecycle of data capture, cleansing, consolidation, enrichment and storage of reference, price and corporate actions data into a “golden copy”.

“This alliance with AIM Software answers our customers’ needs for data and risk management that integrates the full range of investment data affected by corporate actions,” states Jeffrey Cheah, Director of Sales of Xen Business Solutions. “The ability to link AIM Software’s Straight Through Processing (STP) tools for corporate actions with Xen Business’s treasury and portfolio management adds important features to both solutions, and allows our existing and future clients to leverage best of breed solutions in a major problem area – data and risk management.”

«