The decision was announced following a thorough selection process evaluating both internal and external options.
Eric Oger, Chief Market Data Officer at CACEIS said: “We have chosen AIM Software given its extensive experience in the Asset Servicing industry, combined with a fresh and comprehensive product offering in Reference Data, Pricing and Corporate Actions. In addition, the time to market which AIM Software was able to offer us based on the experience in this sector was an important factor for our decision.”
Vincent Goubert, Country Manager at AIM Software added: "This agreement marks an important milestone for AIM Software, since CACEIS is one of the world’s leading asset servicing providers and is the premier player in the sizeable French market. With AIM Software’s unique offer of award-winning EDM business applications, and our extensive network of partners including SIX Financial Information, we expect further signatures next year in France, Luxembourg and Belgium.”
Josef Sommeregger, Chief Commercial Officer at AIM Software, said: „We are proud to welcome CACEIS in our growing community of clients. This demonstrates our dedication to the Asset Servicing industry: Several of the world’s largest fund administrators and global custodians use our best-in-class software products to meet their data needs - driven by the triple challenge of regulatory risk, operational efficiency, and competition meeting ageing systems."
"AIM Software is the preferred supplier to the Asset Servicing community, and we look forward to working with CACEIS to promote innovation and efficiency in the enterprise data management area.” concludes Sommeregger.
CACEIS is the asset servicing banking group dedicated to institutional and corporate clients. Through offices across Europe, North America and Asia, CACEIS offers a broad range of services covering execution, clearing, depositary and custody, fund administration, middle office outsourcing, forex, securities lending, fund distribution support and issuer services. With assets under custody of €2.4 trillion and assets under administration of €1.4 trillion, CACEIS is one of the world market leaders in asset servicing, the second depositary bank and the leading fund administrator for European funds (figures as of 31 December 2014).
About AIM Software
AIM Software is the fastest growing and award-winning provider of EDM software products to the financial sector, with distinct standard products specifically designed for the data needs and business processes of financial institutions.
Over 90 of the world’s leading asset management and asset servicing firms rely every day on AIM Software’s GAIN to power their core business data needs.
"Beyond EDM" • Products, not Toolkits
Compared to traditional approaches based on EDM toolkits, AIM Software’s approach based on products ensures faster projects, lower lifecycle costs and tangible business outcomes.
Industry accolades and awards include:
• "Best EDM Platform for Portfolio Pricing" Award 2014 & 2013 at the A-Team Group DMS Awards
• "Best-in-Class" Data Management System by CEB TowerGroup (2014 “Data Management Systems” report) in two categories: Business Process Improvement, Product Scope
• Listed by Chartis RiskTech100® as one of the 100 most significant companies in the risk technology sector in 2012, 2013 and 2014.
For further information, please visit www.aimsoftware.com.