ODL Securities Deploys Reference Data Management Platform from AIM Software

AIM Software to support integration of FTID price and corporate actions data

AIM Software, a leading provider of reference data management solutions to the financial industry, announced today that London-based trading house ODL Securities Limited has selected AIM Software's data management platform GAIN for the integration of price, static and corporate actions data provided by FT Interactive Data.

As a large forex, derivatives and equities trading house, ODL Securities required a data integration platform that supports the direct input of FTID's FTS ExShare data into an Oracle infrastructure. Together with its local partner TraderTeam, AIM Software addressed this request with a solution that allows ODL Securities to maintain the security master file and to process security data, closing prices and corporate actions automatically.

Bill Newton, Director at ODL Securities, states: "Before deploying GAIN we maintained the security master file mainly manually. By automating the processing of our security data and price data we could reduce errors to a minimum level and could realise significant improvements in operational efficiencies."

Josef Sommeregger, Head of Business Development at AIM Software, says: "GAIN as a scalable platform allows for a stepwise integration and helps our customers to benefit from cost savings and reduced maintenance costs in their daily management of reference data."

TraderTeam, UK partner of AIM Software, implemented the solution within only 4 weeks and ensures individual support for optimised quality assurance.

"The turnkey delivery of AIM Software's reference data management solutions enables our customers to dramatically reduce implementation time and to focus on their core competencies. We are delighted to welcome ODL Securities as a new GAIN client," concludes John Prior, General Director at Trader Team.

ABOUT ODL SECURITIES LIMITED
ODL Securities Limited is a London based forex, derivatives and equities trading house. Established in 1994, the company was founded to provide a bespoke service in exchange-traded derivatives. It has now evolved to offer online and telephone trading in foreign exchange and contracts for difference (CFDs) in addition to equities, futures, options and commodities. ODL Securities Limited is authorised and regulated by the Financial Services Authority. Member of the London Stock Exchange. Member of Euronext.LIFFE.

For further information please see: http://www.odls.com

ABOUT TRADERTEAM LIMITED
TraderTeam is a consultancy providing services to the financial services industry and combines experience and expertise in securities and derivatives markets with technology to provide effective planning and solutions to customers. The company offers strategic business consultancy and bespoke software development with solid emphasis on business benefit.

For further information please see: http://www.traderteam.com

ABOUT AIM SOFTWARE
Established in 1998, AIM Software is one of the leading providers of reference data and risk management solutions for financial markets with offices in Switzerland, France, the USA, Hong Kong and Japan. AIM Software operates on an international scope and services the major financial centres based on its worldwide service and support partner network. Supported by the company's expertise in the areas of reference data, risk management and financial instrument pricing, the creation of leading edge software in these areas is the cornerstone of AIM Software's business.

After becoming the market leader with the GAIN reference data management platform in Europe, AIM Software expanded its activities to the United States, the Middle East and Asia. So far more than 85 of the leading financial institutions have decided to use AIM Software's products as a centrepiece of their IT strategy.

The scalable GAIN platform combines cleansing and scrubbing of reference data, pricing data and corporate actions with exception handling and risk assessment. Additionally, GAIN offers market, credit and operational risk management modules that can be activated on demand.

For further information please see: http://www.aim-sw.com

FOR FURTHER INFORMATION PLEASE CONTACT:

Gerlinde Pachinger, AIM Software
Tel: +43 (0) 1 5124652-228
E-mail: pr@aim-sw.com

This release was published on openPR.