AIM Software says London-based trading house ODL Securities Limited has bought its data management platform GAIN for the integration of price, static and corporate actions data provided by FT Interactive Data.
AIM says that, as a large forex, derivatives and equities trading house, ODL Securities required a data integration platform that supports the direct input of FTID’s FTS ExShare data into an Oracle infrastructure. Together with its local partner TraderTeam, AIM Software addressed this need with a solution that allows ODL Securities to maintain the security master file and to process security data, closing prices and corporate actions automatically.
“Before deploying GAIN we maintained the security master file mainly manually,” says Bill Newton, Director at ODL Securities. “By automating the processing of our security data and price data we could reduce errors to a minimum level and could realise significant improvements in operational efficiencies.”
TraderTeam, the UK partner of AIM Software, implemented the application.
“The turnkey delivery of AIM Software’s reference data management solutions enables our customers to dramatically reduce implementation time and to focus on their core competencies. We are delighted to welcome ODL Securities as a new GAIN client,” concludes John Prior, General Director at Trader Team.