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February 26, 2009

Banca Euromobiliare implements AIM’s Gain Data Management software

The software manages the capture, processing and distribution of pricing and static data

By CBR Staff Writer

Banca Euromobiliare Suisse, a Swiss private bank, has implemented AIM Software’s Gain Data Management.

AIM Software said that the software manages the capture, processing and distribution of pricing and static data from the SIX Telekurs Valor Data Feed (VDF) into the banking application Apsys III, developed by Sungard.

AIM Software also said that the Gain standard interface to the banking application Apsys is based on the Gain framework and enables the automated import, processing and mapping of financial data.

At Banca Euromobiliare Suisse, Gain takes care of the daily updates of security prices, FX rates or income and revenue data. The system thereby improves the degree of straight through data integration while reducing the risk of flawed input caused by usually manual processing of data, according to AIM Software.

Elena Carosi, vice president of operations at Banca Euromobiliare, said: AIM Software has a range of interfaces to complex data feeds, which reduces the overall development costs and the implementation effort. The solution of AIM Software helps us to improve the quality of our reference data utilized within our back office and to increase the level of processing automation throughout the whole organization.

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