Released on: September 9, 2008, 5:30 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 another successful going-live of GAIN Golden
Copy, which serves as the new technological basis for Xchanging’s established
Central Price Service.

Press Release Body: FRANKFURT, LONDON, 9th September 2008 – AIM Software, a leading
provider of reference data management solutions to the financial industry, announced
today another successful going-live of GAIN Golden Copy, which serves as the new
technological basis for Xchanging’s established Central Price Service.

Xchanging Transaction Bank (XCH.L), the financial service provider with more than
ten years’ experience in the valuation of financial instruments, has significantly
expanded its Central Price Service offering with the successful implementation of
the GAIN GoldenCopy platform of AIM Software. With its Central Price Service,
Xchanging Transaction Bank provides institutional investors with validated prices
and static data for publicly listed, structured and over the counter (OTC) financial
instruments. As a result of the project, Xchanging can now process a much higher
volume of data.

The new platform automatically checks the financial data within specified tolerances
and clears up and standard-izes the data of different suppliers. The Central Price
Services team valuates some 1,000 structured products a day. “Our philosophy is to
invest in processes and services in order to improve and develop them continuously
for the benefit of our customers”, comments Mike Margetts, Executive Director of
Xchanging Financial Markets.

As part of the contract Lufthansa Systems, a global IT service provider based in
Germany is responsible for the Application Service Providing, while AIM Software
provides the service-oriented GAIN Data Management platform and parameterizes the
application to Xchanging’s needs.

Markus Ehart, Project Manager at AIM Software, points out the main drivers for this
cooperation: “AIM Software focuses on a fast implementation of its products to
achieve an early ROI for the client. Customers have now the full choice to either
manage AIM Software’s multi-entity capable platform as a fully outsourced service or
a fully inte-grated application. By utilizing AIM Software’s knowledge in financial
data management and the extensive know-how of Lufthansa Systems in service-oriented
IT infrastructure, Xchanging can now additionally bank on extended service-level
agreements.”

By deploying GAIN GoldenCopy, Xchanging Transaction Bank managed to reduce manual
tasks and to increment the automation of standardized data validation thereby
increasing overall operational efficiency. Xchanging’s customers in Financial
Markets can now benefit directly from the added-value services provided by the GAIN
platform. From now on processes and new entities can be added within the GAIN
platform easily.

“AIM Software is pleased to welcome Xchanging Transaction Bank in the extensive GAIN
user group. The result of this project is a new offering of a central platform for
about 15 banks helping them to better and more cost efficiently meet their daily
needs in reference data management,\" says Martin Buchberger, Head of Marketing and
Sales at AIM Software, \"Through its modularity, GAIN intends to bridge the gap for
our clients between a solution that immediately solves their today’s business
challenges, while positioning them on an extensible application platform for the
future.”

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

Contact Details: AIM Software
Gonzagagasse 16
1010 Wien

+43 1 512 46 52
pr@aimsoftware.com