About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

Aim Software Upgrades Gain to Meet Pricing Needs of Clearstream International

Subscribe to our newsletter

Aim Software has responded to a request from Clearstream International for increased pricing performance and timely price delivery with an upgrade to its Gain data management platform. The upgrade can support daily pricing of over 700,000 records based on 2 million raw prices in less than 20 minutes.

Clearstream International, the international central securities depository (ICSD) and part of the German Stock Exchange Group, experienced 20% growth in its portfolio last year, and was struggling to meet its schedule for pricing delivery to both internal and external customers. Realising the need to increase pricing performance and the timing of pricing availability, the company, which has used Gain as a pricing hub since 2009, returned to Aim with a request to rework the solution to meet its needs.

As well as improving the timelines and quality of prices, Clearstream wanted to add 200,000 German financial instruments to Gain and have the capacity and performance to onboard more instruments for centralised pricing. Milan Rippel, department manager of ICSD core product design at Deutsche Boerse Services, says: “We have also extended the rating and pricing normalisation in order to perform cleansing and scrubbing for additional data fields. For example, further rating information from S&P, Fitch and Moody’s is now processed by Gain.”

Responding to Clearstream’s request, Aim changed the data model and processing within the Gain platform and added indices to deliver performance in line with Clearstream’s requirements. Interfaces to the platform remained the same, so there was no disruption during the upgrade, and the enhanced solution went live in late June to the satisfaction of data consumers and operational users. The upgrade is expected to support Clearstream for about three or four years, depending on business growth, and could then be reviewed.

Josef Sommeregger, global head of business development and sales at Aim, comments: “This upgrade illustrates the high performance of Gain for the centralised pricing activities of Clearstream International. With the need for more operational efficiency, improved responsiveness and consistent quality across all business lines, a targeted business application like Gain delivers demonstrable business outcomes.”

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Unlocking value: Harnessing modern data platforms for data integration, advanced investment analytics, visualisation and reporting

Modern data platforms are bringing efficiencies, scalability and powerful new capabilities to institutions and their data pipelines. They are enabling the use of new automation and analytical technologies that are also helping firms to derive more value from their data and reduce costs. Use cases of specific importance to the finance sector, such as data...

BLOG

Rise of Data Products Excites Data Management Summit London

Squeezing the most value from data has become the key driver of data management innovation in the past few years. Among the tools garnering most attention in this quest is an approach that treats data as a consumer product. The theory is a simple one. By packaging datasets as well and data-centric services and products,...

EVENT

RegTech Summit London

Now in its 9th year, the RegTech Summit in London will bring together the RegTech ecosystem to explore how the European capital markets financial industry can leverage technology to drive innovation, cut costs and support regulatory change.

GUIDE

AI in Capital Markets: Practical Insight for a Transforming Industry – Free Handbook

AI is no longer on the horizon – it’s embedded in the infrastructure of modern capital markets. But separating real impact from inflated promises requires a grounded, practical understanding. The AI in Capital Markets Handbook 2025 provides exactly that. Designed for data-driven professionals across the trade life-cycle, compliance, infrastructure, and strategy, this handbook goes beyond...