The private bank has extended its existing GAIN Data Management installation with the GAIN Ambit Apsys interface to increase the degree of automation. GAIN Ambit Apsys automatically feeds daily changes of static data into the banking system without manual interaction.

Privatbank IHAG has used GAIN Data Management since 2002 for the processing of SIX Telekurs VDF and Reuters data, as well as for managing the storage, versioning and mapping of data.

Privatbank IHAG’s knowledge of Ambit Apsys’s banking system, its close collaboration with SunGard, and AIM Software’s expertise in data management were the foundation of the extension of the GAIN Data Management platform, the firm said.

“Our joint effort has led to the creation of a comprehensive interface that helps us to reduce the manual handling of data and boost the degree of automation in our organisation,” said Daniel Albisser, first vice president at Privatbank IHAG.

In the next few months the interface will be implemented at numerous other AIM Software clients relying on the SunGard banking platform, the firm said.

“The new interface is a milestone for our entire Ambit Apsys user pool," said Josef Sommeregger, vice president, marketing and sales at AIM Software. “Since we put new functionalities at the disposal of all customers, other financial institutions will also be able to benefit from the mutation interface that allows them to concentrate on their core competencies.”



Privatbank IHAG Zürich is a Swiss private bank, established in 1949, which offers services to its clients in private banking, credit services and trading.

AIM Software was established in 1999 and provides data management solutions for financial markets. The firm is located in Switzerland, Luxembourg, Austria, the USA, France, Hong Kong and Japan.