New York, NY, September 26, 2009 --(PR.com
)-- One main area of Rolotec’s (www.rolotec.ch) operation is the integration of real-time data into the system solutions of banks and financial media. Due to continuously changing regulations and business processes requiring better quality and timeliness of financial data in the front and back office, Rolotec is receiving more and more customer inquiries regarding the integration of reference data. The Biel-based company is now going to cover this demand by drawing on the internationally valued reference data feed VDF by SIX Telekurs, on the one hand, and the strategic partnership with AIM Software (www.aimsoftware.com) on the other.
Through the cooperation with AIM Software, Rolotec extends its offering by the integration of price data, static data and corporate actions on the basis of a central security master file. For the implementation of customized security master files that permit clients to manage their reference data, Rolotec is going to rely on AIM Software’s ‘GAIN Golden Copy‘ as a technological basis. GAIN has already been implemented by more than 100 banks and financial institutions in 16 countries with 40 installations in Switzerland.
“Growing demands in reference data management and a changing overall situation of the market require a fast implementation and additional functionalities,” explains Adrian Hutzli, Head of Sales at Rolotec. With the standard software of AIM and their maintained interfaces to the products of SIX Telekurs and other data feeds, customers can be offered tailor-made solutions with a quick implementation time.
Josef Sommeregger, Head of Business Development and Sales at AIM Software adds: “The flexible system architecture allows a modular extension of the system by additional data feeds and the customized adaption of validation processes. By drawing on our best practice approach, we have been able to reduce the implementation time over the last few years, since clients can rely on our extensive pre-built configuration.”
“We are pleased about the partnership and are convinced that our joint know-how and experience will help our customers to reduce their costs related to reference data management and increase the reliability and efficiency of their overall reference data management,” concludes Jörg Buser, CEO of Rolotec.