KAS Bank takes AIM for cloud gains
KAS Bank, a Dutch provider of custodian and fund administration services, has selected AIM Software’s “GAIN in the Cloud” suite of business applications for its data management needs.
The introduction of GAIN is a “critical component” of a digital transformation initiative at the bank.
It has licensed three modules from the GAIN suite – GAIN Security Master, GAIN Portfolio Pricing and GAIN Corporate Actions – as part of its focus to be more “data driven”.
Michiel Noteborn, head of IT demand at KAS Bank, says it selected GAIN because of its “best-in-class data management capabilities, productised adaptors to data feeds, and seamless integration with SimCorp Dimension”.
Just last month, KAS Bank chose SimCorp Dimension as its new investment platform.
Noteborn adds that the GAIN platform will allow it to “on-board new sources of data more quickly and increase STP automation levels”.
All modules are being delivered as a hosted managed service via “GAIN in the Cloud,” AIM Software’s Software-as-a-Service (SaaS) solution.