PRESS RELEASE | AIM Software Establishes Subsidiary in the United States

AIM Software, a leading provider of reference data management and risk management solutions to the financial industry announced today that is has established a subsidiary in the United States. This now enables the company to offer its reference data and risk management solutions directly to clients in the United States, which have so far been serviced out of the headquarters in Europe. This step also aims at better supporting the US subsidiaries of the more than 80 institutions which already use GAIN worldwide.

AIM Software's flagship product GAIN operates as a centralized reference data management and risk management platform that cuts the costs and risk associated with back office processes. The integrated software combines the advantages of a fully fledged reference data management solution, the GAIN DataDesktop, and a comprehensive risk management solution, GAIN Risk Management, offering links to high quality data from more than 15 leading back office and real-time data feeds (e.g. Telekurs Financial, Bloomberg, Reuters, Interactive Data, Swift, etc.).

GAIN combines automatic cleansing, scrubbing and reconciliation with manual exception handling for financial data. Martin Buchberger, Head of Marketing & Sales at AIM Software states: "GAIN manages the full lifecycle of data capture, cleansing, consolidation, enrichment and storage of reference, price and corporate actions data into a golden copy."

AIM Software's other product line, GAIN Risk Management, emphasizes a synergetic risk management approach by combining data feed connectivity, instrument pricing and risk management. AIM Software thereby provides institutions with a complete toolbox to conform to the upcoming Basel II standards and regulatory requirements on market, credit and operational risk that also focuses strongly on data quality aspects.

"The modular and scalable GAIN solution is designed for an extremely fast integration and thereby assures a minimum level of project risk. This helps financial institutions to cut costs considerably," explains Buchberger. "We are looking forward to support companies in the United States directly now, since we see a huge potential for GAIN which is more scalable in pricing than some other offerings in the market. The foundation of the subsidiary will leverage our activities in the US which we started about two and a half years ago," Buchberger adds.

In addition to its own resources in the US, AIM Software supports partnerships with data vendors, system integrators and technology providers, ensuring maintenance and the distribution of AIM Software's products. The New York based J2K Technology joined AIM Software's network lately and acts as value added reseller and support partner.

About AIM Software

Founded in 1998, AIM Software specializes in creating innovative reference data management and risk management software solutions for financial markets. Based on its worldwide distribution and service partner network, AIM Software provides internationally recognized modular software solutions. With offices in Austria, New York, Switzerland and Hong Kong, AIM operates globally in the major financial centres with 80+ clients.

For further information please contact:

Gerlinde Pachinger
AIM Software
Corporate Communications
T: +43.1.5124652-228
pr@aimsoftware.com
www.aimsoftware.com

Office New York
AIM Software
67 Wall Street, 22nd floor, suite 2211
New York, NY 10005
T: +1-212-859 3498
nyc@aimsoftware.com
www.aimsoftware.com