Conning to use AIM Software’s GAIN as centralized EDM Platform
AIM Software, a leading provider of Enterprise Data Management (EDM) software to the Buy-Side, has announced that Conning, a global investment management firm headquartered in North America, will use GAIN as its central EDM platform.
Conning is set to grow significantly over the next ten years, and is implementing AIM Software’s GAIN to help realize its strategic growth plan. The investment management firm has licensed three modules from the GAIN product suite: GAIN Security Master®, GAIN Portfolio Pricing® and GAIN Corporate Actions®.
Conning will use the GAIN suite of business applications as a centralized data hub to streamline the sourcing, scrubbing and validation of its security, pricing and corporate actions data. With intelligent workflows, transparent data processes and exportable audit trails, GAIN will provide full data lineage and robust data governance. The system will be fully integrated with Conning’s IBOR and ABOR systems to deliver consistent and reliable data across all functions.
Maurice Heffernan, Chief Information Officer at Conning, said: “We selected AIM Software because of their focus on the buy-side and their productized approach. GAIN will serve as a data quality firewall that powers our downstream systems and operations with high quality data. It will also provide a centralized point of control for all of our data sources.”
Brian Baczyk, Chief Data Officer at Conning stated: “This new platform will provide us with both the governance and agility required to manage business change and execute on our strategic growth goals.”
Sanjay Vatsa, Head of America at AIM Software, commented: “We are very pleased to welcome Conning to the AIM Software user community, and to be playing a key role in the realization of their growth strategy.
Conning is a leading global investment management firm with a long history of serving the insurance industry. Conning supports institutional investors, including pension plans, with investment solutions and asset management offerings, award-winning risk modeling software, and industry research. Founded in 1912, Conning has investment centers in Asia, Europe and North America.
For more information: www.conning.com