Case Study: Global Private Bank achieves 80% automation in announcement capture and reduces operational risk with AIM Software's GAIN Corporate Actions

Global Private Bank reaches 80% automation in announcement capture, reducing risks in corporate actions

Global Private Bank selected AIM Software and its GAIN Corporate Actions and GAIN Data Management Suite to respond to heightened regulatory scrutiny of its Fund Accounting service in Luxembourg and to support rapid business growth. The bank needed a central, integrated solution to automate validation of corporate actions announcements from custodians (including ISO 15022 and proprietary feeds), minimize manual intervention, reduce operational risk and improve straight‑through‑processing.

AIM Software implemented GAIN Corporate Actions as an extension to the core banking system to gather, validate, prioritize and create golden‑copy records in real time. The deployment automated announcement capture for 80% of total events, improved data quality and operational efficiency, boosted STP and dramatically reduced operational risk, while deadline‑oriented workflows let teams focus manual effort on the most time‑critical complex events.