AIM Software, a provider of enterprise data management solutions, has signed a license agreement with CACEIS, a fund administrator. The firm has selected AIM Software to service both current and future data management needs.
The decision was announced following a thorough selection process evaluating both internal and external options.
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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." Concluded Sommeregger.
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