London: 28 February 2006
FT Interactive Data Europe, part of Interactive Data (NYSE: IDC), a leading supplier of financial information and analytical software to global markets, and international data management solutions provider, AIM Software, today announced that they have entered into a collaboration to provide information from FT Interactive Data via the GAIN data management platform.
FT Interactive Data is providing global pricing, including evaluations, dividend, corporate action and descriptive information via AIM Softwareâs proven data management platform GAIN, which offers a wide range of functions for the automatic processing of financial market data. GAIN is a platform for managing the full lifecycle of data capture, cleansing, consolidation, enrichment and storage of reference, price and corporate actions data, enabling institutions to build a âgolden copyâ.
Graham Parry, manager of FT Interactive Dataâs European Business Development Group, said: âWe have been working with AIM Software for several years now and are delighted to announce the extended mapping of our data via GAIN. This collaboration provides an opportunity to offer a powerful product, facilitating access to FT Interactive Dataâs wide range of content through AIM Softwareâs data management platform. It is an excellent example of how FT Interactive Data works with software vendors for the benefit of customers.â
âThe depth of FT Interactive Dataâs offering, in combination with the scalable data management platform GAIN, enables firms to comprehensively manage pricing, reference and corporate actions data," states Josef Sommeregger, Head of Business Development at AIM Software. âThis new offering combines the expertise and know-how of both firms, and will help financial institutions to cut costs by increasing the reliability and the efficiency of their data processing.â