April 19, 2006 -- (WEB HOST INDUSTRY REVIEW) -- Financial data management solution provider AIM Software (aim-sw.com) announced on Wednesday that London, England-based trading house ODL Securities (odls.com) has chosen AIM Software's data management platform GAIN for the integration of price, static and corporate actions data provided by FT Interactive Data.
Since ODL Securities is a large derivatives and equities trading house, it required a data integration platform that supports the direct input of FTID's FTS ExShare data into an Oracle infrastructure.
Working with its local partner TraderTeam, AIM Software addressed this issue by delivering a solution that enables ODL Securities to maintain the security master file and to instantly process security data, closing prices and corporate actions.
"Before deploying GAIN we maintained the security master file mainly manually," says Bill Newton, director at ODL Securities. "By automating the processing of our security data and price data we could reduce errors to a minimum level and could realize significant improvements in operational efficiencies."
