AIM Software and FT Interactive Data have agreed to collaborate in conducting an extended mapping of FT Interactive Data’s information services via AIM’s Gain reference data management platform. The new relationship builds on several years of cooperation maintaining access to the FT Interactive Data services via Gain.
Under the arrangement, FT Interactive Data will offer Gain clients access to its global pricing data, including evaluations, dividend, corporate action and descriptive information. The Gain platform itself handles the full life cycle of data capture, cleansing, consolidation, enrichment and storage of reference, price and corporate actions data, enabling institutions to build a ‘golden copy’.
The two companies reckon the new collaboration will result in benefits to clients in terms of leverage of their combined market expertise. They also believe client firms will be able to effect cost reductions as their data processing becomes more effective and reliable through the use of the combined facility.