VIENNA, Austria, December 22nd, 2016 – AIM Software, the leading provider of Enterprise Data Management (EDM) solutions for the global financial services industry, announces today that GAIN, its award-winning enterprise data management platform, is now fully interfaced with MATLAB®, offering quants and data analysts a direct access to their securities databases cross-referenced by GAIN, to develop the most efficient investment and risk models.
Investment management and research teams use MATLAB® to develop mathematical models aimed at analyzing portfolios, quantifying risk, and creating performance investment management strategies. Quantitative Research Teams access securities data and manipulate large volumes of data (time-series for example) to research, implement, back-test, and fully validate their models.
The data preparation step is crucial to properly foresee the profitability and associated risk of new trading models. This data preparation work has historically been manually intensive, time-consuming and error-prone. Moreover, in a number of cases, each quant is still developing its own tools, scripts, databases and spreadsheets, creating difficulties for audit process.
“Based on the feedback of our client community, AIM Software launched a product designed for automating the data preparation steps required for developing custom mathematical models”, says Olivier Kenji Mathurin, Head of Strategic Research. “It acts as a central platform that automatically collects and cross-references data from various sources, thus eliminating the risk of error-prone manual consolidation. Moreover, it enables more accurate time-series that can be traced back, from sourcing to the usage of the data.”
Today, joint-users of the products can directly access via MATLAB® the quality-controlled data collected by GAIN.
“Users can provide the date ranges and the factors they require, and only the data that’s necessary is loaded directly into MATLAB® from the server API, without requiring file manipulation – thus further empowering analysts to focus on building more effective investment models and strategies,” adds Olivier.
Josef Sommeregger, Managing Director and Chief Commercial Officer of AIM Software, comments: “GAIN is the answer to the market demand for more efficient control over data usage and data costs, which are among the top priorities of our client community. AIM Software aims to deliver the most modern platform enabling more business agility for the enterprise.”
GAIN was named “Best Buy-Side Enterprise Data Management Platform” at the Data Management Review Awards, held in London during November 2016. More recently, AIM Software has been recognized for the sixth consecutive year in a prestigious international ranking of the top 100 technology providers for risk management.
“We will continue to listen to our customers and respond with the solutions they need to enable them to both operate efficiently and address their data needs effectively”, concludes Josef.
About AIM Software
AIM Software is the fastest growing, award-winning provider of Enterprise Data Management (EDM) solutions to the financial services industry. It serves over 100 investment managers, asset managers, private banks, custodian, asset servicing, and insurance companies in 17 countries with a suite of best-in-class applications, GAIN. AIM Software is the only vendor to offer a living suite of packaged business applications combined with a modern data management platform – GAIN. The applications are packaged sets of functions improving specific business processes, and evolving through the input of an active, engaged client community.
Industry accolades and awards include:
- “Best Buy-Side Enterprise Data Management Platform” at the Data Management Review Awards 2016
- “Best Corporate Actions Data Initiative” Award 2016 at the Inside Reference Data Awards
- “Best-in-Class” Data Management System by CEB TowerGroup (2014 “Data Management Systems” report) in two categories: Business Process Improvement, Product Scope
- “Best EDM Platform for Portfolio Pricing” Award 2014 & 2013 at the A-Team Group DMS Awards
- Listed by Chartis RiskTech100® as one of the 100 most significant companies in the risk technology sector in 2012, 2013, 2014, 2015 and 2016
Tel: +43 1 512 46 52