AIM Software and Interactive Data Launch 4th Edition of Global Data and Risk Management Survey

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Released on: 30, May 2007
, Author: Gerlinde Pachinger/AIM Software
, Audience: Computers related

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VIENNA (Austria), 30 May 2007 Â AIM Software announced todaythe launch of its 4th international reference data management and risk managementsurvey. The financial industry continues to struggle with new regulations, such asMiFID (Markets in Financial Instruments Directive). AIM SoftwareÂ's study is designedto provide insight into the trends, challenges and planned investments for referencedata automation and risk management. The survey is sponsored by Interactive Data(Europe) Ltd, part of Interactive Data Corporation (NYSE: IDC).

In recent years, few areas of operations have attracted as much interest asreference data management and risk management. But how successful have financialinstitutions actually been in improving automation levels within their companies?What are the driving forces for reference data automation? And how mature are backoffice systems in those areas?

In order to find answers to these questions, AIM Software is regularly undertakingresearch in more than 70 countries. This yearÂ's edition will examine changes andadvances between 2007 and the previous years. Data and risk managers are invited toparticipate by completing a 5 minute online questionnaire at:http://www.aimsoftware.com /survey2007.

Martin Buchberger, Head of Marketing at AIM Software, stated,  The positive feedbackfrom financial institutions, global media and the whole financial industryencouraged us to continue our research and led us to conducting the survey for thefourth consecutive year. Buchberger continued,  We saw that the impact of newregulations is about to substantially change the whole operational infrastructure offinancial institutions. We specifically took a closer look at risk management andreference data management processes in order to get a better picture of what shapesthis development and to see how companies cope with it.Â

The 2007 survey intends to observe how regulations and market liberalizationinfluence the global financial markets. The final results of the AIM Global Data andRisk Management Survey 2007 will be available in September 2007. Participantsbenefit from a free, comprehensive benchmarking to the rest of the market,country-specific drill-downs and charts.

Buchberger concluded: Â This yearÂ's survey again tries to distinguish which issuesare trend and which are hype. The results from the last years proved that thisresearch spotted most of the developments on a long term scale before they becamecrucial, giving readers the chance to see where they stand in their own efforts.Â

For further information, please contact:Gerlinde PachingerPR & CommunicationsTel: +43 1 5124652pr@aimsoftware.comhtt p://www.aimsoftware.com/survey 2007

About AIM SoftwareEstablished in 1998, AIM Software (www.aimsoftware.com) is one of the leadingproviders of reference data management and risk management solutions for financialmarkets, with offices in Austria, Switzerland, the US, Hong Kong and Japan. AIMSoftware is active in the major financial centres based on its service and supportpartner network and supports more than 100 references in 15 countries. Supported bythe company's expertise in the areas of reference data management, risk managementand financial instrument pricing, the creation of future proof software solutions isthe cornerstone of AIM Software's business mission. For further information, pleasevisit http://www.aimsoftware.com.


Source: Express-Press-Release.com
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