AIM Software Data Management System at Privatbank IHAG Extended by New Interface

Released on: September 19, 2007, 2:37 am

Press Release Author: Gerlinde Pachinger | AIM Software GmbH

Industry: Software

Press Release Summary: Swiss private bank benefits from new
straight-through-processing APSYS interface from AIM Software for the automated
request of security information

Press Release Body: AIM Software, a leading provider of reference data management
software to the financial industry, today announced that Privatbank IHAG Zürich, a
Swiss private bank, has successfully expanded its back office solution by using the
GAIN Data Management software.

Privatbank IHAG has been using GAIN Data Management from AIM Software for five years
for connecting to Telekurs VDF and Reuters data and for managing the storage,
versioning and mapping of the data. The new APSYS security data interface
substantially extends the existing functionalities of AIM Software's GAIN Data
Management platform at IHAG.

"AIM Software has a range of interfaces to complex data feeds which reduces our
development cost and the implementation effort" said Daniel Albisser, First Vice
President at Privatbank IHAG. "This allows us to improve the quality of our
reference data utilized within the bank's back office and to increase the level of
processing automation throughout the organization."

The new GAIN | APSYS interface, based on the modular GAIN framework, imports,
processes, and maps all required data to create new securities directly within APSYS
at any time and within a few minutes. The solution ensures that all imported data is
validated prior to the export to APSYS, resulting in time and cost savings for
Privatbank IHAG and reducing the risk of flawed input.

Christian Trnka, Professional Services Manager at AIM Software, said: "By using
GAIN's workflows that consolidate and verify the financial data, we are able to
provide our customers with a high degree of automation. GAIN has thereby been
providing a future proof and constantly evolving platform for data management, fully
aligned with the evolution of APSYS."

Albisser stated: "By using GAIN we are able to move to an automated environment.
Through the stepwise integration of the functions of GAIN we could reduce the
project risk and achieve a fast return on investment." Privatbank IHAG will further
expand on AIM Software's reference data management platform by using the GAIN |
APSYS interface to automatically update income and revenue data as well as basic
data on a daily basis. Both interfaces are based on the already developed mapping
logic of the security opening interface.

Albisser continued: "We perceive AIM Software as a flexible company which meets the
current and future back office needs and which is therefore a long-term partner of
Privatbank IHAG in providing data management solutions for our banking IT
environment."

"We are delighted to further intensify our collaboration with Privatbank IHAG to
provide tailor made solutions for the client's processes based on the GAIN
platform," Trnka adds. "The modular framework of GAIN is already being used by
twelve banks in our constantly growing GAIN | APSYS community, significantly
speeding up the interface development and consequently reducing the costs for a
single institution."

About AIM Software
Established in 1998, AIM Software 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 and http://www.dmstudy.info.

About Privatbank IHAG Zürich
Privatbank IHAG Zürich is a Swiss private bank, established in 1949, which offers
services to its clients in private banking, credit services and trading. In April
2000, the bank was renamed from Industrie- und Handelsbank (IHAG) to Privatbank IHAG
Zürich, symbolizing the corporate culture shift towards individuals and their
private money matters. For further information, please visit http://www.pbihag.ch.


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

Contact Details: For further information, please contact:
For AIM Software
Gerlinde Pachinger
PR & Communications
Tel: +43 1 5124652
E-mail: pr@aimsoftware.com

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