AIM Software acquires ABI Informatic- Consolidation in data management industry continues

July 4, 2012 - PRLog -- Vienna, Zurich, July 4, 2012

AIM Software acquires ABI Informatic- Consolidation in enterprise data management industry continues

AIM Software AG, a market leader in reference data management solutions, is pleased to announce the recent acquisition of a 100% interest in ABI Informatic.

The agreement comes into effect June 4th 2012, continuing the trend of industry consolidation.

ABI Informatic is the producer of AGIO, a widely used software package for managing financial data—implemented in over 25 leading financial institutions in Europe. With this acquisition and by combining resources, AIM Software will continue leading this industry space into innovative policies in data management.

"The ABI Software team is top class, and is passionate about the same thing we are— creating the most innovative data management solutions dedicated to bring unique and captivating user experience," stated Martin Buchberger, CEO of AIM Software.

"By combining the teams that created two of the most established software systems in this area, we can now bring improved enterprise data management solutions to an even larger community and will strengthen our focus on Switzerland as one of our major markets."

Alfred Witzany, co-founder of ABI Informatic has this to say: "AIM Software is the perfect partner for us. They have the most widely used solution in the market based on state of the art technology and are thought leaders in the data management space. We are united by a common culture based on a passion for innovating and maximizing business value,"

With this acquisition AIM Software now counts more than 150 references in the enterprise data management space. This move represents a pooling of expertise with two major data management firms, and will greatly contribute toward expanding future product offerings.

Josef Sommeregger, Global Head of Sales of AIM Software further stated: “As part of AIM Software’s continuing expansion, this new acquisition will further improve our business growth and we are pleased to welcome ABI Informatic customers in the large AIM Software family”

"The data management industry is moving towards a heterogeneous mix of light-weight business services, hosted solutions and on-site enterprise data management initiatives. ABI Informatic’s ASP services very well complement AIM Software’s offerings in this area and enlarge the list of solutions that AIM Software customers can now choose from.”

More details about the acquisition will be provided in AIM Software’s company conference call, to be held on Tuesday, July 10, 2012 at 2:00 PM CET. The Company's remarks will be followed by a question and answer period. To listen to the conference call, please join at https://www3.gotomeeting.com/join/349438838. The webcast will be recorded and available for replay.

For more information on this acquisition or about AIM Software, visit http://www.aimsoftware.com

Media contact:
Olivier Mathurin
olivier.mathurin@aimsoftware.com
Tel: +43-1-5124652-232

About ABI Informatic
ABI Informatic specialized in IT projects with a clear focus on the financial industry since 1983. With many years’ experience in the sector, ABI Informatic staff comprises leading experts in securities management. ABI Informatic has been active in Switzerland and in major financial centers around the world.

About AIM Software
AIM Software with offices in Switzerland, Austria, Luxemburg, France etc has been one of the leading providers for financial data and risk management since 1999. Solutions include software for reference data management, financial instrument pricing and corporate actions. With more than 150 references, AIM operates globally and offers low risk all-in-one software packages, based on its industry proven data management platform GAIN. Further information can be found on our website: www.aimsoftware.com