CETRELSecurities and AIM Software acquire first joint customer

PRLog (Press Release) - Oct 21, 2009 -
Being a regulated company controlled by the Luxembourg Financial Markets Authority, CETRELSecurities (www.cetrel-securities.lu), a subsidiary of the Luxembourg based Cetrel S.A., focuses on the provision of ASP services in the area of pricing, reference data and corporate actions management to financial institutions all over Europe.
In order to fulfill the specific requirements of one of its major European customers, CETRELSecurities has chosen GAIN Golden Copy from AIM Software (www.aimsoftware.com). Both companies’ profound experience in the area of data management as well as their integration capabilities related to standard banking packages will ensure an optimum data quality and customer support for CETRELSecurities’ clients.

CETRELSecurities’ customer will be able to benefit directly from the access to AIM Software’s proven GAIN Data Management platform with more than 108 references, while being spared the effort of installing and maintaining it in-house. By relying on an outsourced service, this client will be able to increase its operational efficiency and to concentrate on its core business at the same time. Carlo Houblie, Executive Vice President of CETRELSecurities explains: “AIM Software‘s flexible reference data solution as well as CETRELSecurities know how in the area of ASP Provision complement each another in an ideal way. By being able to built on product components such as 15+ maintained datafeed connectors and on a highly secured production environment, CETRELSecurities and AIM Soft-ware are able to provide a high quality tailor-made data service.”

“We are proud that our GAIN Golden Copy will be used for the delivery of reference data services at one of the major ASP providers in Europe,” adds Josef Sommeregger, Vice President Business Development and Sales at AIM Software.” Our strong local presence in Luxembourg will serve as a basis for a future cooperation with CETRELSecurities allowing both companies to focus on their core competencies.”

“We are extremely pleased about this important stride in CETRELSecurities’ history,” concludes Renaud Oury, Executive Vice President of CETRELSecurities. “We are convinced that our joint know-how and expertise will help our clients to increase the reliability and quality of their overall reference data management, effectively cut down their costs, while reducing their operational risks.“



About CETRELSecurities
Established in 2006, CETRELSecurities is a Luxembourg based company providing data integration services in an ASP mode for banking, fund administration and insurance. From its highly secured Luxembourg operations centre, CETRELSecurities serves institutional clients in Luxembourg, Germany, Switzerland, France and the US on 24/7 basis. The offering comprises amongst others, data integration, cleansing and enrichment. CETRELSecurities qualifies as a Luxembourg PSF (Professional of the financial sector) and is controlled by the Luxembourg Financial Markets Authority (CSSF).
For further information, please visit http://www.cetrel-securities.lu

Contact:
Carlo Houblie
Tel: +352 355 66 1
e-mail: info@cetrel-securities.lu


About AIM Software
Established in 1999, AIM Software is one of the leading providers of data management solutions for financial markets, with offices in Switzerland, Austria, Luxembourg, the USA, Hong Kong and Japan. Based on the worldwide service and support partner network, AIM Software provides internationally established software solutions and services with more than 108 references in 16 countries. Supported by the large client base, AIM can offer low risk and low cost all-in-one software packages, based on its industry proven data management software platform GAIN.
For further information, please visit http://www.aimsoftware.com.

Contact:
Cornelia Brunner
PR & Communications