About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

Aim Software and SFB Services4banks Partner for Reference Data Service in Switzerland

Subscribe to our newsletter

Aim Software has entered into a strategic partnership with Swiss?based application service provider (ASP) and outsourcing vendor SFB services4banks to provide the latter’s clients with a central reference data management platform based on Aim Software’s Gain Data Management solution. The two vendors are therefore working together to provide Swiss clients using SunGard’s Ambit Apsys with an extended reference data service.

Under the exclusive service partnership, Gain Data Management will become part of SFB’s standard offering for financial institutions. The new service will be used to feed client instances with reference data from multiple sources, which can be integrated into Apsys through a range of customisable data feed interfaces. A central focus of the service lies on the automatic processing of Telekurs data via a wide range of interfaces, which are tailored to the Ambit Apsys logic, says the vendor. Aim Software’s Gain Data Management then handles the complete processing and mapping logic between Telekurs and Ambit Apsys.

Peter Kaszuba, CEO at SFB services4banks, explains why the vendor chose Aim: “For us, Aim Software stood out among all options for the comprehensive functionalities of its data management solution, as well as its proven track record in the Ambit Apsys community, with 13 live customers. By relying on Gain, we will be able to meet the requirements arising from our current and future customer base.”

Josef Sommeregger, head of business development at Aim Software, adds: ”The strategic partnership between SFB services4banks and Aim Software with clearly defined responsibilities will help our joint clients to benefit from both partners’ experience and enable them to fully concentrate on their core business processes while additionally saving costs.”

The advantage of the partnership for SFB clients will be the timely supply of data without the requirement to install hardware, says the vendor. Customers can therefore access reference data from different providers and open new instruments directly in Ambit Apsys via Gain. According to the vendor, this will reduce costs due to the elimination of manual data collection and increase operational efficiency.

Furthermore it claims that the external hosting of Gain will allow customers to share the expenses for enhancements and adjustments, thus resulting in reduced costs for firms at the smaller end of the spectrum.

“We are looking forward to further extending our offering for Ambit Apsys clients by a new ASP service that gives financial institutions an even wider choice,” adds Sommeregger.

The ASP model certainly seems to be popular with the vendor community this year. Given the increased costs that firms are facing, it seems that the decision to outsource processing is becoming ever more common as they seek to reduce overheads in any way that they can.

Subscribe to our newsletter

Related content

WEBINAR

Upcoming Webinar: Best practice approaches to data management for regulatory reporting

13 May 2025 10:00am ET | 3:00pm London | 4:00pm CET Duration: 50 Minutes Effective regulatory reporting requires firms to manage vast amounts of data across multiple systems, regions, and regulatory jurisdictions. With increasing scrutiny from regulators and the rising complexity of financial instruments, the need for a streamlined and strategic approach to data management...

BLOG

Ensuring AI-Focussed Institutions Take out the Garbage: A-Team Group Webinar Preview

As data quality rises up institutions’ AI-implementation agendas, the next A-Team Group Data Management Insight webinar will take a deep-dive look into how they can ensure the information they feed into their models will give them accurate and valuable outputs. Avoiding Chaos The data management maxim of “garbage in, garbage out” can’t be more appropriate for artificial...

EVENT

AI in Capital Markets Summit New York

The AI in Capital Markets Summit will explore current and emerging trends in AI, the potential of Generative AI and LLMs and how AI can be applied for efficiencies and business value across a number of use cases, in the front and back office of financial institutions. The agenda will explore the risks and challenges of adopting AI and the foundational technologies and data management capabilities that underpin successful deployment.

GUIDE

AI in Capital Markets: Practical Insight for a Transforming Industry – Free Handbook

AI is no longer on the horizon – it’s embedded in the infrastructure of modern capital markets. But separating real impact from inflated promises requires a grounded, practical understanding. The AI in Capital Markets Handbook 2025 provides exactly that. Designed for data-driven professionals across the trade life-cycle, compliance, infrastructure, and strategy, this handbook goes beyond...