Project Description

Top 10 Global Asset Manager unlocks operational agility by replacing legacy system with GAIN Security Master

This US-based Asset Management institution has selected AIM Software’s GAIN Security Master to replace its legacy system and streamline its data Management.

The client is one of the world’s largest asset managers ranked in the top 10 globally based on assets under management. The firm operates from multiple locations and invests in a full range of asset classes.

The client’s objectives were three-fold: accelerate operational agility, reduce manual operations, and expedite the on-boarding of new asset classes. The client had previously invested in a legacy data management system, which could no longer support the firm’s continued growth and expansion.

Following a comprehensive section process, the client selected GAIN Security Master because of the platform’s extensive out-of-the-box capabilities and flexibility to model new financial instruments.

The Top 10 Global Asset Manager replaced its legacy system with GAIN Security Master to streamline data management across all asset classes. GAIN captures, validates and delivers high quality reference data across the firm’s research, trading, risk, compliance, and operational functions.

A Director of Investment Operations from the firm commented: “It was imperative to modernize our data management foundations to streamline our data activities and to add the agility required to quickly address the new business imperatives within our industry. We liked GAIN’s approach to deliver a productized business application to help us get up and running quickly as well as the visibility of configuration and business rules available to our teams.”

“It was imperative to modernize our data management foundations to streamline our data activities and to add the agility required to quickly address the new business imperatives within our industry. We liked GAIN’s approach to deliver a productized business application to help us get up and running quickly as well as the visibility of configuration and business rules available to our teams.”

Director of Investment Operations at Top 10 Global Asset Manager

Benefits of the implementation include faster on-boarding of new securities, which has resulted in improved client service. The firm has also significantly reduced its operational risk, thanks to increased automation and exception-based workflows. The firm is also benefiting from reference data that is complete, consistent and reliable, allowing for better decision making across the enterprise.

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