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

A-Team Insight Blogs

Banca Euromobilare Goes Live with Aim’s Gain Data Management Solution

Share article

Switzerland-based private bank Banca Euromobilare (Suisse) has gone live on Aim Software’s Gain Data Management in order to manage the capture, processing and distribution of pricing and static data from the SIX Telekurs Valor Data Feed (VDF). This data is fed into the bank’s implementation of SunGard’s Apsys III via the Gain standard interface, which is based on the Gain framework and enables the automated import, processing and mapping of financial data into the banking application, says the vendor.

Elena Carosi, vice president of operations at Banca Euromobiliare, explains that the bank, which is part of the Italian Credito Emiliano (Credem) banking group, opted for the Gain solution in order to increase its back office STP for pricing and static data. “Aim Software has a range of interfaces to complex data feeds, which reduces the overall development costs as well as the implementation effort. The solution of Aim Software helps us to improve the quality of our reference data utilised within our back office and to increase the level of processing automation throughout the whole organisation,” she elaborates. Accordingly, Gain is used by the bank for the daily updates of security prices, FX rates or income and revenue data, as well as the automatic creation of new securities. The vendor claims that its modular architecture will allow the bank to easily increase the number of its data vendor feeds in the future. Aim also reckons that the fast deployment of its solution and the use of interfaces to other solutions are part of its appeal to the market. Martin Buchberger, head of marketing and sales at the vendor, indicates that 13 institutions are currently using the Gain solution alongside SunGard’s Apsys.

Related content

WEBINAR

Recorded Webinar: How to leverage the LIBOR transition to improve your data management game

The transition away from LIBOR (London Interbank Offered Rate) is well underway, but there remains considerable ambiguity around how the final stages will be executed – especially with regards to benchmark replacements in markets outside the UK. What are the options, where are the uncertainties and what stage have firms reached in their preparations? The...

BLOG

There Is No Spoon: Matrix IDM Takes EDM to the Cloud

Matrix IDM, an investment data platform specialising in EDM as SaaS, has had a busy year. With offices in Sydney, London and New York, two major new clients signed up over the past month and over half a trillion dollars now managed on its platform, the start-up has come a long way since its launch...

EVENT

Data Management Summit London

Now in its 10th year, the Data Management Summit (DMS) in London explores how financial institutions are shifting from defensive to offensive data management strategies, to improve operational efficiency and revenue enhancing opportunities. We’ll be putting the business lens on data and deep diving into the data management capabilities needed to deliver on business outcomes.

GUIDE

Entity Data Management & the LEI

Just over a year since the Financial Stability Board handed over leadership and direction of the interim Global Legal Entity Identifier System – or GLEIS – to the Regulatory Oversight Committee (ROC) of the LEI the entity identifier is being used for reporting under European Market Infrastructure Regulation. This report discusses recent developments in the...