Press Releases
VIENNA, LONDON and NEW YORK, Dec. 18, 2012 /PRNewswire/ -- Swiss private bank Gonet&Cie has automated S&P Ratings' updates through its enterprise data platform – managed by AIM software – by adding XpressFeed, a powerful data feed management solution from S&P Capital IQ, a leading provider of multi-asset class research, data and analytics.
Responding to the increasing pace of ratings changes in recent years, Gonet&Cie has become the first European firm to automate S&P Ratings' updates through XpressFeed, which itself added the full universe of S&P's credit ratings in June. This addition is available alongside comprehensive fundamental and qualitative data for public and private firms, as well as S&P Dow Jones Indices data and S&P Capital IQ Estimates, a standardized database of global, real-time financial forecasting measures.
"The addition of S&P Ratings content into XpressFeed is part of a continual process to provide clients with seamless access to the useful and timely, cross asset class information that is necessary to make important financial decisions," says Roger Fahy, Senior Director of Product and Content at S&P Capital IQ.
"The latest version of XpressFeed gives quantitative investors the opportunity to examine over 50 years of correlated fundamental and ratings data in a way that was previously impossible," adds Rui Carvalho, Managing Director at S&P Capital IQ.
AIM Software, the leading provider of data management solutions for the financial industry, provides a standard GAIN package for SunGard APSYS users – such as Gonet&Cie – aiming at increasing the efficiency of data management. Used by more than 20 APSYS users, GAIN enables firms to automate the integration of a range of data feeds and now includes a standard interface with XpressFeed.
"We have been using GAIN for many years to automate the integration of data feeds into APSYS," says Laurent Lolies, IT Manager at Gonet&Cie. "We naturally asked if AIM Software could enable us access to XpressFeed."
"The ability of GAIN to plug-in new data sources extremely quickly made it very easy to connect to XpressFeed, with the possibility to propagate the rating changes to APSYS as soon as it appears in the S&P database," says Christian Trnka, Product Manager at AIM Software.
"Keeping pace with ratings changes brings immediate value to institutions using APSYS: with instrument ratings and issuer ratings directly loaded into their APSYS system, investment decisions can be taken immediately. We can now provide XpressFeed connectivity to our community of APSYS customers in a record time," says Martin Buchberger, Head of Product Management at AIM Software.
"Using GAIN, our customers have the choice to import S&P's credit ratings via the Ambit APSYS Import Interface 'Security Update' or via SQL," adds Trnka.
"Now that the interface is live, Gonet&Cie will be able to gradually benefit from the rich data content brought over XpressFeed, as this new offering from S&P Capital IQ is extending very quickly," concludes Buchberger.
About AIM Software
AIM Software, with offices in Switzerland, Austria, Luxembourg, France and the UK, is one of the leading providers of data management applications for the financial community managing and servicing assets since 1999. Solutions include software for reference data management, financial instrument pricing and corporate actions. With more than 110+ references, AIM operates globally and offers low risk all-in-one software packages, based on its industry-proven data management platform GAIN. For further information, please visit http://www.aimsoftware.com or follow @AIMSoftware on Twitter.
About Gonet&Cie
Gonet & Cie, Private Bankers, was founded in 1845 and provides wealth management services to Swiss and international private clients. The Gonet group has a presence in Geneva, Lausanne, Nassau and Singapore. Gonet & Cie is a member of the Swiss Bankers Association (SBA) and is one of 12 members of the Swiss Private Bankers Association (SPBA). For more information, visit www.gonet.ch.
About S&P Capital IQ
S&P Capital IQ, a business line of The McGraw-Hill Companies (NYSE: MHP), is a leading provider of multi-asset class and real time data, research and analytics to institutional investors, investment and commercial banks, investment advisors and wealth managers, corporations and universities around the world. We provide a broad suite of capabilities designed to help track performance, generate alpha, and identify new trading and investment ideas, and perform risk analysis and mitigation strategies. Through leading desktop solutions such as the S&P Capital IQ, Global Credit Portal and MarketScope Advisor desktops; enterprise solutions such as S&P Capital IQ Valuations, and Compustat; and research offerings, including Leveraged Commentary & Data, Global Markets Intelligence, and company and funds research, S&P Capital IQ sharpens financial intelligence into the wisdom today's investors need. For more information visit: www.spcapitaliq.com.
Media contacts:
AIM software:
Olivier Kenji Mathurin
AIM
Product Marketing Manager
Tel: +43 1 512 46 52
E-mail: pr@aimsoftware.com
S&P Capital IQ:
Thomas Pankovas
Moorgate Communications (London)
Tel: +44 (0)20 7377 4994
E-mail: tom.pankovas@moorgategroup.com
Michael Privitera
S&P Communications (New York)
Cell: 518-755-3278
E-mail: michael_privitera@spcapitaliq.com
SOURCE S&P Capital IQ