CheckFree Corporation (Nasdaq: CKFR) today announced that the CheckFree GIMÂ® system it provides to UBS Global Asset Management will be extended to London at the end of the year, with other locations migrating onto the new platform in 2007.
CheckFree GIM delivers stability and scalability, and the advanced offering provides browser-based functionality that will meet the 24/7 demands of the companyâs global operations. UBS is an important customer among a list of prestigious international and institutional money managers who turn to CheckFree for solutions such as GIM that provide them with cutting edge functionality. The product has enabled clients to redefine and shape the future of the marketplace through the provision of innovative and expansive product offerings and market-leading client services. CheckFree attained GIM through its acquisition of Integrated Decision Systems (IDS) in September 2005.
âCheckFree is committed to empowering our customers with superior technologies that simultaneously drive down operating costs and improve efficiencies,â said Michael Gianoni, executive vice president and general manager at CheckFree Investment Services. âWe are proud to provide institutional customers such as UBS Global Asset Management with a robust system that improves scalability, security and stability while providing the end user more control to create, customize, and manage their individual systems. As CheckFree Investment Services expands to include institutional money management offerings, we leverage the institutional knowledgebase and experience we gained through our acquisition of IDS.â
CheckFree GIM will continue to be supported as a premier tool in the multi-currency marketplace as well as high-end institutional money management and wealth management, and will complement the CheckFree product line, which includes CheckFree APLSM, CALiPERâ¢ and CheckFree EPLSM, coming in 2007.