GAIN | Ambit Apsys Adapter Description of Functions

Advanced Information Management

GAIN Data Management White Paper

GAIN | Ambit Apsys Adapter
Description of Functions

Josef Sommeregger | Business Development and Sales

GAIN Data Management provides a maintained adapter that enables
the automation of the import of financial data feeds into the banking
application Ambit Apsys. The daily updates of security prices, FX rates or
income and revenue data as well as the automatic creation of new securities
help to improve the quality of reference data utilized within the back office
and to increase the level of Straight Through Processing throughout
the whole organization.

n Fully maintained GAIN | Best of breed solution reduces risks which also act as pilot clients for new developments.
Ambit Apsys adapter AIM Software, one of the leading providers of data Thereby the GAIN | Ambit Apsys interface guarantees a
management solutions, nurtures a long standing rela- strongly tested, future proof platform for data manage-
n Straight Through Process- tionship with the Ambit Apsys division of SunGard in ment, fully aligned with the evolution of Ambit Apsys.
ing into Ambit Apsys the field of automatic data feed processing. Based on
GAIN Data Management, AIM Software offers a main- “A strong factor in our decision
n Automatic creation tained adapter with a wide range of standard interfaces to partner with AIM Software was
of new securities to Ambit Apsys which can be further customized on the already existing interfacing
demand to meet client specific requirements. experience of GAIN with the
n Connectivity to 15+ feeds Ambit Apsys banking application.”
One of the main motives for this cooperation was the Daniel Albisser, Privatbank IHAG
n Customization to clients’ success of Ambit Apsys in the market. The partnership
needs was essential to guarantee the best support for all cli- Focus on core competence
ents using both GAIN and Ambit Apsys and to reduce A key feature for Ambit Apsys is both the ability of GAIN
project risks and costs for the growing Ambit Apsys user Data Management to connect to a multitude of data
base already serviced by AIM Software. AIM Software feeds and to manage the storage, versioning and map-
cooperates with some of the major Ambit Apsys banks ping of the data in multiple ways.
such as Privatbank IHAG and Notenstein Privatbank,

Ambit Apsys manages the delivered security data while n Request + download management
the GAIN platform covers more client specific needs and n Metadata Management
acts as a data hub and interpreter in the background. n Mapping + Reformatting
The user does not have to leave Ambit Apsys to handle n Workflow Management and Task Scheduling
all requests. In addition, AIM Software can now provide n Export to Ambit Apsys
Ambit Apsys clients with extended added value fea-
tures, including intra-day instrument openings, routing Currently, there are ready-made interfaces available for
of data feed requests and the scrubbing of several data SIX Financial Information VDF and Thomson Reuters
sources. DataScope. Based on the multi-data-feed capability of
GAIN, further GAIN | Ambit Apsys interfaces for other
With the release 1.10, Ambit Apsys defined a new im- data feeds can be provided.
port interface for basic data and event data that
enables GAIN to feed even more data. The GAIN | Ambit “With GAIN, we were able to move to an
Apsys interface is now capable of importing all data to automated environment, including the opening
automatically create new securities, to update income of new securities as well as to undertake further
and revenue data as well as pricing information for steps towards the automated processing
securities, currencies, interests and indices daily. This of security data.” Daniel Albisser, IHAG
gives Ambit Apsys a competitive advantage over other
solutions which still require manual input in this area. GAIN at Privatbank IHAG Zurich
In July 2002, Swiss Privatbank IHAG Zurich (IHAG) decided
GAIN Data Management: the all-in-one solution to use GAIN Data Management with the goal of increa-
GAIN Data Management is an all-in-one data manage- sing the quality of its back office security management.
ment platform that enables the user to access and process
messages from a multitude of the world’s leading back- The purpose of GAIN is to download, convert and man-
office and real-time data feeds in an automated way. age the SIX Financial Information VDF data which is
delivered in EDIFACT format and to transform the data
With its automation, routing, reporting and display into the format of Ambit Apsys. The requested security
features, GAIN Data Management considerably eases data is limited to instruments that are active in IHAG’s
the daily data management effort for feeding Ambit portfolio. After the download, which is fully controlled
Apsys and takes care that all imported data is checked by GAIN, the security data is processed and prepared
prior to the export to Ambit Apsys. for transfer into Ambit Apsys. In addition to the daily
delivery of SIX Financial Information VDF end-of day
GAIN Data Management takes care of all necessary valuation prices, fiscal prices and end-of-year prices,
processing steps when importing data from different GAIN provides a full corporate actions reporting.
data feed providers:

Data Feeds GGAIANIN Ambit Apsys

Static Data
Security Basic Data External Identifier

Request | Distribution Issuer Tax | EUSD
Download Ambit Apsys Import Interface
SIX Financial Data Mapping Underlyings Last/Next Revenue
Information Workflow
Thomson Reuters Management Event Data
Further Feeds Multi Provider Income & Revenue
Capability
Prices Market Data
FX Rates

EUSD Data Fiscal Prices

End-of-Year Prices Interest Rates

Automatic creation of new securities Details of the GAIN | Ambit Apsys security creation
With Ambit Apsys, IHAG uses the GAIN module for the interface
automatic creation of new securities covering the full n Automatic creation of any security, except options
range of the necessary basic data elements. and futures
n Approximately 150 basic data elements are
Whenever a bank adds a new instrument to its portfolio, delivered from the following data categories:
this instrument must first be opened in the banking n Static information of securities incl. TIS value
application. For this purpose, Ambit Apsys demands (EUSD data)
a set of fields via GAIN which previously had to be col- n Security identifiers
lected from various sources and entered manually by n Security issuer attributes
an employee in the back office department. GAIN Data n Last revenue payment + next planned revenue
n Extended information delivered by the interface:
“We see this best of breed partnership as a n Tax information for combined instruments
trend where solution providers combine their n Underlying securities of derivatives
know-how and expertise for extending the reach n “Final reimbursement” event for a bond
of their products and services, while focusing n Security Events (e.g. (premature) redemption |
on their core competencies.” Martin Buchberger, conversion | further events possible)
Head of Marketing and Sales, AIM Software n User-defined fields (on demand)

Management takes care of the automatic processing The user also benefits from the easy handling of data
and mapping of all required data, and ensures that all since he opens and processes it directly in Ambit Apsys
imported data is checked prior to export to Ambit Apsys, while GAIN runs in the background. The user can open
resulting in significant time and cost savings for the bank a security at any time (interactive mode) and has got
and also eliminating the risk of flawed inputs. A further the possibility to check the imported data manually in
increase of data quality is achieved through automati- “Ambit Apsys Monitor” before loading it into the Ambit
cally created control lists. Apsys database.

Before the import into the Ambit Apsys database, the Daily refreshes of security data
back office user has got the option to verify the resulting By relying on the Ambit Apsys mass update interface,
data directly within Ambit Apsys. AIM Software is also able to offer an automatic daily
update of the basic data of securities. The data fields

Ambit Apsys GAIN

1 Data request for new security 2 Fully automatic data feed
directly from Ambit Apsys processing + mapping
Gain Data Management
Request file

3 Update of the Security information
“Ambit Apsys Monitor”.
Users can validate the
delivered data.

Workflow for the creation 4 Data Providers Interactive Data
of a security XML
Update of the Ambit Apsys security SIX Financial Information ...
master file with the validated data Thomson Reuters
Bloomberg

correspond to those of the security creation interface. n Security Updates
Within Ambit Apsys, the client is able to flag all fields that n EU Savings Tax (EUSD) | Initialisation
need to be updated on a daily basis and mark the ones
that have to remain unchanged (e.g. security name). Cashflow Interfaces
n TID | Special reports
Furthermore, an automatic daily update of the income n Security Income & Revenues
types dividends and coupons can be carried out.
Configuration options of the interface
Details of the GAIN | Ambit Apsys security income n Easy client-specific parameterisation
and revenue interface n Adjustments of mappings between VDF codes
n The GAIN | Ambit Apsys interface updates the Ambit and Ambit Apsys internal IDs by using dynamic
Apsys database with the announcements on the mapping tables
next revenue of the securities. n Extended configuration possibilities through
n For shares: the next dividend parameterised scripts
n For bonds: the next coupon and the following ones
with the respective effective date as well as bonds In addition, GAIN offers the following optional
with floating rates or irregular periods (short or long functions:
coupons). n Cleansing
n The update frequency is customizable depending on n Exception Handling
the bank’s strategy. n Reconciliation / Scrubbing
n Workflow Management
All available GAIN | Ambit Apsys interfaces at a glance n Reporting, Titlebulletin™ replacement and more
These interfaces are continuously extended and
adapted to new Ambit Apsys functions in the course Ambit Apsys clients serviced by AIM Software
of client projects. The following interfaces are available n Arab Bank
for SIX Financial Information: n Banca Zarattini
n Banque Morval
Price Interfaces n Baumann
n Security End-of-Day Prices (Valuation Prices) n BBVA Privanza Suiza
n Security Fiscal/End-of-Year Rates n BCP Banque de Commerce et de Placements
n Interest Rates n Catella Bank
(SIX Financial Information and Thomson Reuters) n Finter Bank
n Index Rates n Gonet
(SIX Financial Information and Thomson Reuters) n Nomura
n Currency (FX) Rates n Notenstein Privatbank
(SIX Financial Information and Thomson Reuters) n Privatbank IHAG Zurich
n TIS (Taxable Income per Share) prices n Raiffeisenbank Liechtenstein
n SFB services4banks
Static Data Interfaces n Valartis Bank Liechtenstein
n Security Creation n Volksbank Vaduz

Contact | SunGard Features of the GAIN | Ambit Apsys About Privatbank IHAG Zurich
interface
SunGard Switzerland www.pbihag.ch
Freigutstrasse 16 Automatic import of
8002 Zurich, Switzerland Privatbank IHAG Zurich is a Swiss private bank,
T: +41 44 560 84 00 n the main static data fields for the creation established in 1949, which offers services
www.sungard.com of security and associated data to its clients in private banking, credit services
and trading. In April 2000, the bank was renamed
Contact | AIM Software n prices: security prices, fiscal prices, end of year from Industrie- und Handelsbank (IHAG) to
prices, EUSD data, currency | interest rates Privatbank IHAG Zürich, symbolizing the corporate
Josef Sommeregger culture shift towards individuals and their private
Head of Business n Basel II data: ratings etc. money matters.
Development and Sales n daily updates of income & revenue
Badenerstrasse 760
8048 Zürich, Switzerland and security basic data
T: + 41 44 586 46 52 n initial loads of security basic data
[email protected]
www.aimsoftware.com Broad GAIN | Ambit Apsys user pool guarantees
steady enhancements.