IDC Interactive Data Corp.

According to a survey undertaken by AIM Software, the financial industry continues to struggle with compliance with regulations, including Basel II, MiFID, and the Sarbanes-Oxley Act. AIM Software�s study was designed to provide insights into the driving forces, and planned investments for reference data automation and risk management. The survey was sponsored by FT Interactive Data, an Interactive Data (NYSE:IDC) business, and a leading supplier of financial information to global markets. The findings reveal that improving reference data quality is regarded as a key issue for risk management and that regulatory requirements are strongly driving investments in IT. Companies now pay more attention to the challenges of Basel II and the Sarbanes-Oxley Act of 2002. Regulations apart, the companies are also focusing on reducing errors and costs associated with back-office workflows through improved straight through processing (STP). Martin Buchberger, head of Marketing, AIM Software, states: "Financial institutions are beginning to realise that investments in reference data management and risk management can help to reduce not just the risks but also the costs. The surging investments in the back-office are proving a drastically changed agenda and are a sign of the silent revolution in the back-office that started some years ago.� The results show that companies see the close interdependence between high quality reference data management and efficient risk management. 37% of companies are planning to invest in the automation of reference data within the next two years. The focus in reference data management lies on the automation of static data and the processing of corporate actions. 26% of the 1,027 respondents plan to increase their levels of automation for corporate actions. �Companies realise that they could face serious operational risk and huge losses in this area. Corporate actions are one of the least automated and therefore one of the most labour-intensive, error- and risk-prone areas,� states Graham Parry, manager of FT Interactive Data�s European Business Development Group. Results at http://www.dmstudy.info/2006 AIM Global Data and Risk Management Survey 2006: AIM Software�s study asked 1,027 respondents in 77 countries about their plans in reference data management and risk management, the handling of regulatory requirements, and standardisation efforts. AIM Software: AIM Software is a leading provider of reference data management and risk management solutions for financial markets with 100 clients worldwide. Supported by the company's expertise in the areas of reference data management, risk management and financial instrument pricing, the creation of leading edge software solutions is the cornerstone of AIM Software's success. Visit http://www.aim-sw.com. Interactive Data: Interactive Data Corporation (NYSE:IDC) is a leading global provider of financial market data, analytics and related services to financial institutions, active traders and individual investors. The Company�s businesses supply time-sensitive pricing, evaluations and reference data for more than 3.5 million securities traded around the world, including hard-to-value instruments. Visit http://www.interactivedata.com. According to a survey undertaken by AIM Software, the financial industry continues to struggle with compliance with regulations, including Basel II, MiFID, and the Sarbanes-Oxley Act. AIM Software's study was designed to provide insights into the driving forces, and planned investments for reference data automation and risk management. The survey was sponsored by FT Interactive Data, an Interactive Data (NYSE:IDC) business, and a leading supplier of financial information to global markets. The findings reveal that improving reference data quality is regarded as a key issue for risk management and that regulatory requirements are strongly driving investments in IT. Companies now pay more attention to the challenges of Basel II and the Sarbanes-Oxley Act of 2002. Regulations apart, the companies are also focusing on reducing errors and costs associated with back-office workflows through improved straight through processing (STP). Martin Buchberger, head of Marketing, AIM Software, states: "Financial institutions are beginning to realise that investments in reference data management and risk management can help to reduce not just the risks but also the costs. The surging investments in the back-office are proving a drastically changed agenda and are a sign of the silent revolution in the back-office that started some years ago." The results show that companies see the close interdependence between high quality reference data management and efficient risk management. 37% of companies are planning to invest in the automation of reference data within the next two years. The focus in reference data management lies on the automation of static data and the processing of corporate actions. 26% of the 1,027 respondents plan to increase their levels of automation for corporate actions. "Companies realise that they could face serious operational risk and huge losses in this area. Corporate actions are one of the least automated and therefore one of the most labour-intensive, error- and risk-prone areas," states Graham Parry, manager of FT Interactive Data's European Business Development Group. Results at http://www.dmstudy.info/2006 AIM Global Data and Risk Management Survey 2006: AIM Software's study asked 1,027 respondents in 77 countries about their plans in reference data management and risk management, the handling of regulatory requirements, and standardisation efforts. AIM Software: AIM Software is a leading provider of reference data management and risk management solutions for financial markets with 100 clients worldwide. Supported by the company's expertise in the areas of reference data management, risk management and financial instrument pricing, the creation of leading edge software solutions is the cornerstone of AIM Software's success. Visit http://www.aim-sw.com. Interactive Data: Interactive Data Corporation (NYSE:IDC) is a leading global provider of financial market data, analytics and related services to financial institutions, active traders and individual investors. The Company's businesses supply time-sensitive pricing, evaluations and reference data for more than 3.5 million securities traded around the world, including hard-to-value instruments. Visit http://www.interactivedata.com.