The leading knowledge platform for the financial technology industry
The leading knowledge platform for the financial technology industry

A-Team Insight Blogs

Aim Software Opens Yet Another European Regional Office, This Time in France

Reference data management solution vendor has added yet another European country to its list of offices with the opening of a new subsidiary in France. The new office will be headed by Vincent Goubert, who will cover the areas of sales, account management and project management, but customer support and implementation services will be handled by the vendor’s recently opened regional office in Luxembourg.

The opening of the French subsidiary follows the establishment of the Benelux office at the end of September and the opening of the Swiss office in October. Much like these other new regional hubs, the French effort is aimed at getting closer to prospective customers in the market and providing an enhanced local service.

“The new regional office is a decisive step in our global growth strategy,” explains Josef Sommeregger, vice president of business development and sales. “This expansion will help us to strengthen our position in the French market and to even better serve our clients.”

“The subsidiary in France enables us achieve even greater proximity to our clients,” adds Martin Buchberger, head of marketing and sales. “With the decision for Paris, we also want to show the commitment to our customer base in the region, being able to offer even faster and more effective project related services.“

The vendor has recently announced its first client in the Luxembourg market with partner CetrelSecurities and, according to Sommeregger, the vendors will also be targeting the French market with their joint solution. Aim Software was keen to improve its buy side offering and hence decided to team up with CetrelSecurities, a subsidiary of the Luxembourg-based Cetrel, earlier this year. The partnership has allowed the two to launch a solution based on Cetrel’s application service provider (ASP) expertise and Aim’s pricing and reference data solutions.

The French market will likely see the roll out of the campaign for the joint Cetrel offering next year. Sommeregger explains that the focus of this will likely be on highlighting the benefits of reducing mid-size asset management firms’ time to market for new products and their costs around reference data.

Related content

WEBINAR

Recorded Webinar: Brexit: Reviewing the regulatory landscape and the data management response

With Brexit behind us and the UK establishing its own regulatory regime having failed to reach equivalence with the EU, financial firms face challenges of double reporting, uncertainty about UK regulation, and a potential exodus of top talent. The data management response is not easy and could stretch some firms to the limit as they...

BLOG

Observational Learning Boosts Data Quality, Improves Reconciliations, Cuts Costs of Exceptions

Large data volumes and manual data validation techniques are making it difficult for firms to achieve levels of data quality required to support seamless transaction processing and regulatory reporting. The problem is exacerbated by MiFID II and other emerging regulations that impose new processes on transaction reporting, including reconciliation of transactions from the trade repository...

EVENT

TradingTech Summit Virtual

TradingTech Summit (TTS) Virtual will look at how trading technology operations can capitalise on recent disruption and leverage technology to find efficiencies in the new normal environment. The crisis has highlighted that the future is digital and cloud based, and the ability to innovate faster and at scale has become critical. As we move into recovery and ‘business as usual’, what changes and technology innovations should the industry adopt to simplify operations and to support speed, agility and flexibility in trading operations.

GUIDE

Alternative Trading Systems Directory 2010

The year since we launched our first edition of the A-Team Alternative Trading Directory has passed by in a flash (no pun intended). And while the rate of expansion of the alternative trading system sector may have slowed – even consolidated somewhat – in the more established centres, their onward march continues both in terms of credibility, and of uptake...