AIM Software selected by Meinl Bank AG for integrating Telekurs financial data

Released on = May 3, 2007, 1:31 am

Press Release Author = Gerlinde Pachinger/AIM Software

Industry = Software

Press Release Summary = Reference data management software GAIN links Telekurs data
with banking application HPbanqpro

Press Release Body = VIENNA (Austria), 3rd May 2007 - AIM Software, a leading
provider of reference data management solutions to the financial industry, announced
today that Vienna-based private bank Meinl Bank AG has selected AIM Software's
flagship product, GAIN, for the management and update of financial information
delivered by international data feed provider Telekurs Financial. AIM Software
manages the data capture, processing and distribution of Valor Data Feed (VDF)
securities data and integrates it into the existing banking application banqpro from
Hewlett Packard (HP).

Meinl Bank AG's decision to deploy the enterprise data management platform GAIN for
the processing of basic data and price data was based upon two major criteria. On
the one hand, Meinl Bank AG required a stable platform for the automatic processing
of the whole range of VDF data, in order to ensure a high quality client reporting
system. Secondly, Meinl Bank AG wanted to provide a solid basis for the execution of
the compliance standards of the FMA (Austrian financial market supervisory
authority) and the upcoming MiFID directive.

AIM Software's GAIN solution met these demands and is already deployed at Meinl Bank
AG for the automatic procurement of the whole VDF data universe with its
straight-through application processes. Additionally, the Austrian private bank is
now ready to handle EU Savings Tax data without any manual interventions. GAIN
imports the corresponding financial information directly into the HPbanqpro banking
environment. The interface to the HPbanqpro banking application was developed in
close cooperation with HP and is designed as a standard interface, which can be
implemented at any banqpro user within a short period.

Christian Trnka, professional services at AIM Software, explains: "The biggest
challenge was in the technical mapping of the broad data range of the VDF feed and
the HPbanqpro target application. Thanks to the mapping and process management
functionalities of GAIN, we were quickly able to realize Meinl Bank's requirements."

Walter Steinek, Head of back office at Meinl Bank AG, draws a positive conclusion
about AIM Software's solution: "The financial analysis solution GAIN supports us in
our continuous efforts to efficiently automate the operating processes in securities
management of a growing financial institution, and meets our demands with regard to
its easy handling." Steinek continues, "We chose GAIN for its simple, intuitive, and
yet comprehensive capabilities. AIM Software's know-how and large customer base, as
well as its experience in integrating Telekurs data into existing banking
applications, proved to be a decisive factor in selecting GAIN."

During the project, AIM Software arranged for coordinating the project managers of
Telekurs, Meinl Bank and HP. Changes in the Telekurs feed structure will be checked
and tested by AIM which will result in a more secure maintenance of the interface
and faster implementation of future interface enhancements.

Trnka concludes, "GAIN as a modular platform allows for a stepwise integration and
supports our clients in realizing cost savings in their daily data management. We
are proud to welcome Meinl Bank into the AIM customer group and look ahead to
service other HPbanqpro users."

Press contacts:
AIM Software
Gerlinde Pachinger
PR & Communications
Tel: +43 1 5124652
pr@aimsoftware.com

About AIM Software
Established in 1998, AIM Software (www.aimsoftware.com) is one of the leading
providers of reference data management and risk management solutions for financial
markets, with offices in Austria, Switzerland, the US, Hong Kong and Japan. AIM
Software is active in the major financial centres based on its service and support
partner network and supports more than 100 references in 15 countries. Supported by
the company\'s expertise in the areas of reference data management, risk management
and financial instrument pricing, the creation of future proof software solutions is
the cornerstone of AIM Software\'s business mission. For further information, please
visit http://www.aimsoftware.com.

About Meinl Bank AG
Since its establishment in 1923, Meinl Bank has always abided by Julius Meinl's
formula for success. Today, Meinl Bank is one of Austria's largest and most
important private banks. The business activities reflect the understanding of the
global economy. Professional advice and the highest quality product standards are a
matter of course at Meinl Bank. Meinl Bank has a firm reputation far beyond the
borders of Austria as a highly specialized service company for institutional
investors. Meinl Bank AG issues relative value in the form of securities from the
widest range of international market segments. Backed by the financial engineering
team and the entire sales group, the private bank creates the liquidity
institutional clients need in previously illiquid market segments. Classic products
like bond trading, funds and guarantee products in traditional and in alternative
investment segments complete the product range. For further information, please
visit http://www.meinlbank.com.


Web Site = http://www.aimsoftware.com

Contact Details = Press contacts:
AIM Software
Gerlinde Pachinger
PR & Communications
Tel: +43 1 5124652
pr@aimsoftware.com

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