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

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

Upcoming Webinar: Managing the transaction reporting landscape post Brexit: MiFID II, SFTR, EMIR

Date: 16 March 2021 Time: 10:00am ET / 3:00pm London / 4:00pm CET Duration: 50 minutes The transaction reporting landscape has, for many financial institutions, expanded considerably in size since the end of the UK’s Brexit transition period on 31 December 2020 and the resulting need for double reporting of some transactions to both EU...

BLOG

GoldenSource Ushers Reference and Pricing Data into the Front Office with Quant Workbench

Extracting value from data is a priority for financial institutions as the business looks to increase efficiency, reduce costs, identify new opportunities and gain competitive advantage. Some source in-house tools to improve the quality and accessibility of internal and external data, others look to third-parties for solutions. A new tool from GoldenSource, Quant Workbench, brings...

EVENT

RegTech Summit Virtual

The RegTech Summit Virtual is a global online event that will be held in June 2021 with an exceptional guest speaker line up of RegTech practitioners, regulators, start-ups and solution providers to collaborate and discuss innovative and effective approaches for building a better regulatory environment.

GUIDE

Managing Valuations Data for Optimal Risk Management

The US corporate actions market has long been characterised as paper-based and manually intensive, but it seems that much progress is being made of late to tackle the lack of automation due to the introduction of four little letters: XBRL. According to a survey by the American Institute of Certified Public Accountants (AICPA) and standards...