Bank Sarasin & Co. Ltd has now been using successfully the data management solution GAIN DataDesktop from AIM Software for one year for the processing of Telekurs Financial's Valor Datafeed (VDF), which also includes a fully-fledged reporting system for all VDF data.

Alexander Buytenhuijs, Financial Instruments & Quantitative Methods, Bank Sarasin & Co. Ltd, says, "We greatly appreciate the easy handling of the GAIN DataDesktop, giving us the possibility to build up queries and to extract data coming from any type of data feed. GAIN allows us to quickly elaborate all new requests on our own, offering a wide range of functionalities."

Automatic opening of instruments a key demand the automatic opening feature of GAIN delivers all necessary fields from a data feed without manual interference. This ensures significant time and cost savings for the bank and eliminates the risk of flawed inputs.

GAIN DataDesktop enables checks on all imported data prior to export to the banking application, and can produce control reports, which improves data quality. In case of exceptions, an intuitive interface provides a view on the data flagged as faulty and risky or where the bank has specified the data must be checked manually.

"The automatic integration from VDF data into Avaloq through the GAIN DataDesktop provides an added value to Bank Sarasin & Co. Ltd Ltd, since the trading room can start trading the instruments earlier," says Buytenhuijs.