AIM's GAIN Will Act As Future Proof Platform With STP Functionalities For Banca Euromobilare

AIM Software, a provider of reference data management software, successfully goes live with 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

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AIM Software, a provider of reference data management software, successfully goes live with 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 application 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.

Banca Euromobiliare offers its clients investment tools, 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.

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.

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.

“AIM Software has a range of interfaces to complex data feeds, which reduces the overall development costs as well as the implementation effort,” says Elena Carosi, vice president, Operations, 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.”

“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,” says Martin Buchberger, head of Marketing and Sales, AIM Software. “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.

L.D.

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