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30
Sep
2009

AIM Software establishes regional office for Benelux in Luxembourg

AIM Software has opened a subsidiary in Luxembourg to better serve the Benelux market.


(1888PressRelease) September 30, 2009 - The decision to establish a fully staffed local presence was driven by the increasing demand for golden copy man-agement systems that AIM Software (www.aimsoftware.com) has been facing since its direct market entry in 2008. As a consequence, the AIM customer pool in Luxembourg has expanded considerably and today includes major institutions like Clearstream Deutsche Börse Group, European Fund Administration, Banque de Luxembourg or RBC Dexia Investor Services.

In a first phase, the office will be staffed with three persons who will primarily perform the following functions: account management and sales, business analysis, project managing and support. Next year the direct implementation team is set to grow further with major mandates in 2010.

On the basis of a stronger local presence, AIM Software is committed to further increase its golden copy customer pool in the region. GAIN Golden Copy, AIM Software’s flagship product, offers connectivity to 15+ data feeds as well as a strong rule framework to implement business logic for the management of prices, static data and corporate actions. One of the major strengths of the system are the industry packages for private banking, asset management, fund administration and custody that provide a model parameterization which has proved to substantially reduce the project duration.

"The local office will help us achieve even greater proximity to our clients”, explains Josef Sommeregger Vice Presi-dent Business Development and Sales. “With the decision for Luxembourg as the place for the third strategic hub in the AIM network, we also want to show our commitment to our important customer base in the region, being able to offer even faster and more effective support and project related services.“

“The new regional office is a decisive step in our global growth strategy”, adds Martin Buchberger, Head of Market-ing and Sales. “This expansion that will help us to further strengthen our leading position on the Benelux market and even better serve our existing client base.”

About AIM Software
Established in 1999, AIM Software is one of the leading providers of data management solutions for financial markets, with offices in Switzerland, Austria, Luxembourg, the USA, Hong Kong and Japan. Based on the worldwide service and support partner network, AIM Software provides internationally established software solutions and services with more than 108 references in 16 countries. Supported by the large client base, AIM can offer low risk and low cost all-in-one software packages, based on its industry proven data management software platform GAIN.

For further information, please visit http://www.aimsoftware.com.

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