In the aftermath of dramatic changes in the world of finance combined with the unstable developments in the global economy, financial institutions all around the globe are carefully evaluating their strategies in data management. Data integrity, cost savings and regulatory requirements remain on the top of the agenda.

 Against this challenging background, AIM Software (www.aimsoftware.com) has now launched the 8th edition of the AIM Global Reference Data and Risk Management Survey in cooperation with SIX Telekurs.

 "Based on the positive feedback we received from the market in the last years we decided to conduct the AIM Global Reference Data and Risk Management Survey for the 8th consecutive time in 2011", explains Martin Buchberger, Head of Marketing and Sales at AIM Software. “New conditions and the effects of the financial crisis dramatically changed the financial institutions’ approach to data and risk management. The survey provides a deep insight into the driving factors in this changing environment and shows how financial institutions cope with the challenges.”

 ”As a leading financial data provider SIX Telekurs is continuously investing in its products, its infrastructure and in innovation to meet and anticipate our clients’ needs.  We have been especially involved in the reference data domain and have been recognized at the 2011 Inside Reference Data Awards in the Corporate Actions category, as well as a new award category focusing on industry collaborations in the reference data field. We are happy to continue supporting this valuable survey in the reference data and risk management area,” says Ivo Bieri, Head of Marketing at SIX Telekurs.

The 2011 edition of the AIM Global Reference Data Management Survey investigates this year’s developments and distinguishes real trends from market hype. The results from previous years have proved that this study spots most of the developments before they became critical, thus giving financial institutions the chance to see where they stand in their own efforts.

Data and risk managers are invited to participate by completing a 5 minute online questionnaire at: http://www.dmstudy.info/topics/survey2011. Participants benefit from a free, comprehensive benchmarking to the rest of the market with country-specific drill-downs and charts.

Selected findings of the AIM Global Reference Data and Risk Management Survey 2010 include:

-  Corporate actions are becoming more and more relevant for financial institutions: 37% of all surveyed firms want to invest in their automation

-  35% of all questioned companies are currently working on extending their existing reference data management system

-  52% feed their reference data into a security master file

-  76% consider the reduction of costs and errors as a main driving force for reference data automation

The final results of the AIM Global Reference Data and Risk Management Survey 2011 will be available by December 2011.

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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, France, 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 120 references in 16 countries. Supported by the large client base, AIM Software 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 www.aimsoftware.com

Contact:
Manuela Ito-Loidl
PR & Communications
Tel: +43 1 512 52 46
e-mail : survey@dmstudy.info

About SIX Telekurs

As a leader in its field, SIX Telekurs specializes in procuring, processing and distributing international financial information. Financial market specialists at SIX Telekurs gather information from all the world’s major trading venues – directly and in real-time. The SIX Telekurs database with its structured and encoded securities administration data for 7.6 million financial instruments is unique in terms of its depth of information and data coverage. With offices in 23 countries, SIX Telekurs combines the advantages of global presence and local know-how.

SIX Telekurs is a SIX Group company. On a global scale, SIX Group offers first-rate services in the areas of securities trading, clearing and settlement, as well as financial market information and payment transactions.

Further information is available at: www.six-telekurs.com