11 December 2016
Visit aciworldwide.com

AIM Software reports Gain Security Master contract win

16 January 2014  |  822 views  |  0 Source: AIM Software

AIM Software, the leading independent provider of data management business applications for the financial services industry, has announced today that one of the world's top 10 global custodians with USD 3 trillion in client assets under administration went live with GAIN Security Master to support the company's global data operations.

AIM Software was chosen as a result of a wider selection process involving all leading data management suppliers to the industry.

A Senior Manager for Data Service Delivery Initiatives commented: "We selected AIM due to a combination of its track record within the Fund Administration and Global Custody industry, and its Business Application approach to data management. In addition GAIN was chosen due to the level of flexibility available to business operations to accommodate future changes."

The Custodian is using GAIN in its global data operations to streamline the on-boarding and update of reference data. The system creates golden-copies of instrument and issuer data from multiple data vendors including Bloomberg and SIX Financial Information and is underpinned by a flexible and extensible set of business rules. This has enabled the firm to reduce operational costs, improve client services, and ensure consistent high quality data across its suite of services for institutional investors from 18 locations across North America, Europe and the Asia Pacific region.

Josef Sommeregger, Global Head of Business Development & Strategy of AIM Software, said: "Keeping pace with business imperatives within increasingly competitive market conditions while anticipating regulatory changes is at the heart of our clients' data strategy. We are seeing an increasing demand for the GAIN Business Applications, and we are delighted to welcome this new client to our Custody and Fund Administration user community".

Comments: (0)

Comment on this story (membership required)

Related company news

 

Related blogs

Create a blog about this story (membership required)
Visit VocaLink.comFind out morehttp://www.financialcrimerisk.fiserv.com/aml?r=finextra

Top topics

Most viewed Most shared
China tops world fintech rankingsChina tops world fintech rankings
8988 views comments | 39 tweets | 32 linkedin
EBA bends under weight of PSD2 mandatesEBA bends under weight of PSD2 mandates
8416 views comments | 37 tweets | 48 linkedin
Guesswork alone can crack Visa card security - Newcastle UniversityGuesswork alone can crack Visa card securi...
8105 views 12 comments | 15 tweets | 27 linkedin
PSD2 will transform the payments landscapePSD2 will transform the payments landscape
7396 views comments | 24 tweets | 13 linkedin
N26 opens up to 17 European countriesN26 opens up to 17 European countries
6950 views comments | 16 tweets | 22 linkedin

Featured job

to Six-Figure Base, Commission, Benefits
London, UK

Find your next job