Practitioners are invited to participate in this year’s assessment of the industry’s progress in back-office automation
March 28, 2006 (Press Release) --
Practitioners are invited to participate in this year’s assessment of the industry’s progress in back-office automation
NEW YORK (NY), 28 March 2006 - In recent years, few areas of operations have attracted as much interest as reference data management and risk management. But how successful have financial institutions actually been in improving automation levels within their companies? What are the driving forces for reference data automation? And how mature are back office systems in those areas?
In order to find answers to these questions, AIM Software is regularly undertaking research in the area of back-office automation within financial institutions in more than 80 countries. This year’s edition will examine changes and advances between 2006 and the past years. Practitioners are invited to participate in a brief questionnaire in order to help in getting a consolidated picture of the back-office automation level at http://www.dmstudy.info/survey/2006.
The final results of the AIM Global Data and Risk Management Survey 2006 will be published in September 2006. Participants benefit from comprehensive benchmarking possibilities to the rest of the market, country-specific drill-downs and charts as well as personalized reports.
Last year's findings at a glance:
- The survey 2005 has proved that financial institutions all over the world are undertaking considerable efforts to deepen and to automate their reference data management, underlined by the fact that the percentage of companies which plan to increase the automation grew by 8 percentage points from 64% in 2004 to 72% in 2005.
- Although a relatively high percentage of 36% of the interviewed companies still relies on proprietary development, 45% of them claimed in 2005 to prefer buying a solution and/or to extend it.
- 44% of the respondents plan to increase the degree of automation for reference data and 40% for pricing data.
- The results of the survey 2005 show a growing demand for the automation of corporate actions, as 45% of the 1,070 respondents plan to increase the level of automation for corporate actions.
- 30% of the interviewed financial institutions plan to extend their reference data management facilities within the next two years, whereas in 2004 only 27% of companies saw this as a goal.
About AIM Software
Founded in 1998, AIM Software is one of the leading providers of reference data and risk management solutions for financial markets with offices in Switzerland, France, the USA, Hong Kong and Japan. AIM Software operates on an international scope and services the major financial centres based on its worldwide service and support partner network. Supported by the company’s expertise in the areas of reference data, risk management and financial instrument pricing, the creation of leading edge software in these areas is the cornerstone of AIM Software’s business.
After becoming the market leader with the GAIN reference data management platform in Europe, AIM Software expanded its activities to the United States, the Middle East and Asia. So far more than 85 of the leading financial institutions have decided to use AIM Software’s products as a centrepiece of their IT strategy.
NEW YORK (NY), 28 March 2006 - In recent years, few areas of operations have attracted as much interest as reference data management and risk management. But how successful have financial institutions actually been in improving automation levels within their companies? What are the driving forces for reference data automation? And how mature are back office systems in those areas?
In order to find answers to these questions, AIM Software is regularly undertaking research in the area of back-office automation within financial institutions in more than 80 countries. This year’s edition will examine changes and advances between 2006 and the past years. Practitioners are invited to participate in a brief questionnaire in order to help in getting a consolidated picture of the back-office automation level at http://www.dmstudy.info/survey/2006.
The final results of the AIM Global Data and Risk Management Survey 2006 will be published in September 2006. Participants benefit from comprehensive benchmarking possibilities to the rest of the market, country-specific drill-downs and charts as well as personalized reports.
Last year's findings at a glance:
- The survey 2005 has proved that financial institutions all over the world are undertaking considerable efforts to deepen and to automate their reference data management, underlined by the fact that the percentage of companies which plan to increase the automation grew by 8 percentage points from 64% in 2004 to 72% in 2005.
- Although a relatively high percentage of 36% of the interviewed companies still relies on proprietary development, 45% of them claimed in 2005 to prefer buying a solution and/or to extend it.
- 44% of the respondents plan to increase the degree of automation for reference data and 40% for pricing data.
- The results of the survey 2005 show a growing demand for the automation of corporate actions, as 45% of the 1,070 respondents plan to increase the level of automation for corporate actions.
- 30% of the interviewed financial institutions plan to extend their reference data management facilities within the next two years, whereas in 2004 only 27% of companies saw this as a goal.
About AIM Software
Founded in 1998, AIM Software is one of the leading providers of reference data and risk management solutions for financial markets with offices in Switzerland, France, the USA, Hong Kong and Japan. AIM Software operates on an international scope and services the major financial centres based on its worldwide service and support partner network. Supported by the company’s expertise in the areas of reference data, risk management and financial instrument pricing, the creation of leading edge software in these areas is the cornerstone of AIM Software’s business.
After becoming the market leader with the GAIN reference data management platform in Europe, AIM Software expanded its activities to the United States, the Middle East and Asia. So far more than 85 of the leading financial institutions have decided to use AIM Software’s products as a centrepiece of their IT strategy.
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