Press Release Summary = Back office and risk managers in financial institutions are invited to participate in this year's assessment of the global reference data industry
Press Release Body = VIENNA (Austria), 30 May 2007 - AIM Software announced today the launch of its 4th international reference data management and risk management survey. The financial industry continues to struggle with new regulations, such as MiFID (Markets in Financial Instruments Directive). AIM Software's study is designed to provide insight into the trends, challenges and planned investments for reference data automation and risk management. The survey is sponsored by Interactive Data (Europe) Ltd, part of Interactive Data Corporation (NYSE: IDC).
In recent years, few areas of operations have attracted as much interest as reference data management and risk management. But how successful have financial institutions actually been in improving automation levels within their companies? What are the driving forces for reference data automation? And how mature are back office systems in those areas?
In order to find answers to these questions, AIM Software is regularly undertaking research in more than 70 countries. This year's edition will examine changes and advances between 2007 and the previous years. Data and risk managers are invited to participate by completing a 5 minute online questionnaire at: http://www.aimsoftware.com/survey2007.
Martin Buchberger, Head of Marketing at AIM Software, stated, "The positive feedback from financial institutions, global media and the whole financial industry encouraged us to continue our research and led us to conducting the survey for the fourth consecutive year." Buchberger continued, "We saw that the impact of new regulations is about to substantially change the whole operational infrastructure of financial institutions. We specifically took a closer look at risk management and reference data management processes in order to get a better picture of what shapes this development and to see how companies cope with it."
The 2007 survey intends to observe how regulations and market liberalization influence the global financial markets. The final results of the AIM Global Data and Risk Management Survey 2007 will be available in September 2007. Participants benefit from a free, comprehensive benchmarking to the rest of the market, country-specific drill-downs and charts.
Buchberger concluded: "This year's survey again tries to distinguish which issues are trend and which are hype. The results from the last years proved that this research spotted most of the developments on a long term scale before they became crucial, giving readers the chance to see where they stand in their own efforts."
For further information, please contact: Gerlinde Pachinger PR & Communications Tel: +43 1 5124652 pr@aimsoftware.com http://www.aimsoftware.com/survey2007
About AIM Software Established in 1998, AIM Software (www.aimsoftware.com) is one of the leading providers of reference data management and risk management solutions for financial markets, with offices in Austria, Switzerland, the US, Hong Kong and Japan. AIM Software is active in the major financial centres based on its service and support partner network and supports more than 100 references in 15 countries. Supported by the company\'s expertise in the areas of reference data management, risk management and financial instrument pricing, the creation of future proof software solutions is the cornerstone of AIM Software\'s business mission. For further information, please visit http://www.aimsoftware.com.
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