AIM Software`s GAIN GoldenCopy solution selected by European Fund Administration

Released on: October 1, 2008, 3:10 am

Press Release Author: AIM Software

Industry: Software

Press Release Summary: AIM Software, a leading provider of reference data management
solutions to the financial industry, announced today that European Fund
Administration has decided to upgrade to AIM Software’s flagship Golden Copy
solution with a view to optimizing the processing of reference data from Telekurs
and Bloomberg.


Press Release Body: VIENNA (Austria), October 1, 2008 – AIM Software, a leading
provider of reference data manage-ment solutions to the financial industry,
announced today that European Fund Administration has decided to upgrade to AIM
Software’s flagship Golden Copy solution with a view to optimizing the processing of
reference data from Telekurs and Bloomberg.

Since 2004 European Fund Administration SA (www.efa.lu), one of the primary
providers of outsourc-ing solutions for investment companies and banks in Luxemburg,
has been relying on GAIN for the automation and integration of Telekurs Information
into its IT environment. Due to a growth in vol-umes and the need to integrate data
from further sources, it became necessary for EFA to take in a central data
management platform with extended validation facilities.

The decision for AIM Software’s GoldenCopy solution followed a comparative analysis
of proven data management suites. EFA chose GAIN GoldenCopy mainly for its
flexibility and modularity: “We re-quired a solution which meets our demand for high
quality static data derived from Bloomberg and Telekurs as well as internal sources”
explains Jean Marc Verdure, Chief Information Officer at EFA, “GAIN GoldenCopy meets
our criteria and stands out with its track record with more than 100 refer-ences
worldwide and the breadth of functionalities. This project will help us to achieve a
consider-able reduction of total costs and processing effort.”

EFA is currently upgrading to the GoldenCopy version of GAIN which comprises a
central rule engine and further pre-built tools for improving data quality.
Furthermore, EFA will draw upon the workflow facilities in GAIN to increase the
degree of automation of the data management processes.

After a project duration of only four months, AIM Software (www.aimsoftware.com)
already de-ployed the fully customized solution at EFA for final tests with a
planned going live in November. “This rapid implementation became possible by
utilizing GAIN’s comprehensive model parameteriza-tion which delivers a standard set
of mappings, workflows and rules as well as predefined processes derived from our
experience from previous projects,” explains Josef Sommeregger, Head of Business
Development and Sales “By using best practice adapted to the specific needs of our
client, we aim at ensuring a faster ROI for EFA.”

“AIM Software is pleased to welcome EFA in the extensive GAIN GoldenCopy user pool,"
adds Martin Buchberger, Head of Marketing and Sales at AIM Software. "Based on its
modularity, GAIN bridges the gap for our clients between a solution that solves
their business challenges today, while provid-ing them with an extensible
application platform for the future.”


Note to editors:


About AIM Software
Established in 1999, AIM Software (www.aimsoftware.com) is one of the leading
providers of data management solutions for financial markets, with offices in
Switzerland, Austria, the USA, Hong Kong and Japan. Based on the worldwide service
and support partner network, AIM Software provides internationally established
software solutions and services with more than 110 references in 17 countries.
Supported by the large client base, AIM can offer low risk and low cost all-in-one
software packages, based on its industry proven data management software platform
GAIN. For further in-formation, please visit http://www.aimsoftware.com

Contact:
AIM Software
Cornelia Brunner
PR & Communications
Tel: +41 (44) 586 46 52
E-mail: pr@aimsoftware.com


About European Fund Administration (www.efa.lu)
Since its inception in 1996, European Fund Administration SA has led the market in
the provision of outsourcing solutions for investment companies and banks dealing
with investment funds, pension funds, unit-linked insurance products and
institutional portfolios. European Fund Administration offers the fund industry a
comprehensive suite of business outsourcing solutions to help clients to meet their
objectives of business growth, quality assurance and increased profitability.

Contact:
Christophe Lentschat
Head of Sales, Product Development & Marketing
Tel: +352 48 48 80 256
E-mail: christophe.lentschat@efa.eu

Web Site: http://www.aimsoftware.com

Contact Details: Gonzagagasse 16
1010 Vienna
Austria
pr@aimsoftware.com

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