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SimCorp partners with AIM Software to provide data
SimCorp and AIM Software have formed a global collaborative agreement under which SimCorp will provide AIM Software’s GAIN Data Management software to its clients, in conjunction with SimCorp’s Dimension investment management software.
SimCorp clients will be able to use GAIN Data Management’s consolidated, cleansed data to process securities prices, static and reference data and corporate actions notifications.
SimCorp said this would help clients minimise errors and wasted resources associated with inaccurate data and automate workflow.
Marc Schröter, senior vice president and head of strategic research at SimCorp, said that SimCorp Dimension and GAIN are a good technological fit.
“AIM Software’s business model is actively based on industry partnerships. We expect this agreement to allow us to create a very attractive data management offering for our clients,” he said.
Josef Sommeregger, head of marketing and sales at AIM Software, said the agreement would allow both parties to concentrate on their core competencies.
Martin Buchberger, AIM Software’s head of product management said that SimCorp clients would now be able to increase the overall quality of their data and access a wider range of data sources and tools.
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