The client has licenced the following four business applications from the GAIN Product Suite: Security Master, Pricing Master, Entity Master and Benchmark Master. The business applications all sit on the GAIN data management platform, enabling the client to streamline and centralize the sourcing, scrubbing and validation of its security, entity, pricing and benchmark data.
The initial phase of the project focused on setting up a central data hub sourcing data from over 10 data feeds – including Bloomberg, Thomson Reuters, ICE Data Services and Avox. It maintains and delivers high quality and consistent data to 8 target systems, including a data warehouse, dealing system (SimCorp Dimension), fixed-income-, limits monitoring-, corporate actions- and compliance systems – across all asset classes and to all lines of business.
While the initial phases of the project were led by AIM Software, AIM has helped the client to become increasingly self-sufficient in maintaining the platform.
In partnership with AIM Software, the client has successfully implemented global data management best practices, resulting in better data quality, reduced risk and greater operational efficiency.
The client is an active member of the AIM Software User Community, working with AIM Software, its partners and other clients to help influence the future direction of the GAIN product suite.