Swiss software vendor Rolotec has signed a partnership agreement with data management solution vendor Aim Software and data provider SIX Telekurs under which the vendors will work together on a reference data integration solution. Rolotec has traditionally been focused on the world of real-time data integration but has been driven to look at reference data by client requests, says Adrian Hutzli, head of sales at Rolotec.
The current market focus on better quality and timeliness of financial data has therefore meant that the vendor is keen to extend its offering further into the back office. Accordingly, the Biel-based company has signed up for a reference data feed in the form of SIX Telekurs’ Valordata Feed (VDF) and strategically partnered with Aim Software. “Growing demands in reference data management and a changing overall situation of the market require a fast implementation and additional functionalities.” The vendor hopes that with the standard software of Aim and the vendor’s maintained interfaces to the products of SIX Telekurs and other data feeds, it will be able to offer its customers tailor made solutions with a quick implementation time. The vendors will work to help Rolotec extend its offering in this way via the integration of price data, static data and corporate actions on the basis of a central security master file. Rolotec will use Aim Software’s Gain Golden Copy platform as the basis for the building of customised security master files in order to permit its clients to manage their reference data. Josef Sommeregger, head of business development and sales at Aim Software, says: “The flexible system architecture allows a modular extension of the system by additional data feeds and the customised adaption of validation processes. By drawing on our best practice approach, we have been able to reduce the implementation time over the last few years, since clients can rely on our extensive pre-built configuration.”