INFOmatch software to manage market data at major Italian bank.
INFOmatch, the cost & contract management application, is adopted by Unicredit’s holding in Milan as its Market Data Control system.
AMSTERDAM and MILAN, November 29, 2006 – Screen INFOmatch, independent experts in market data and providers of market data management solutions, today announced that Unicredit has implemented INFOmatch to manage its Italian market data inventory. The decision for INFOmatch as the Group’s market data inventory tool came after an analysis of different solutions. INFOmatch was chosen as the right solution because of its flexibility and navigation features.
At its Milan headquarter, Unicredit uses the system for market data cost and contract management, user profiling and for detecting savings opportunities. The database, which is installed at the bank’s premises, currently contains data from products such as Bloomberg and Reuters 3000XTRA. At a second stage, the user community accessing mid-tier market data products will be populated.
The objective of Unicredit installing INFOmatch is to create a Market Data Management structure that supports Cost Management functions with the aim to optimize market data costs within the Group.
Michel Magnin, director of Screen SA and responsible for INFOmatch in the Swiss and Italian markets, is delighted to welcome Unicredit as customer. “It is a privilege working with a bank with such an outstanding reputation as Unicredit. It is our challenge to support the bank in realising its ambitions regarding its market data management”.
About Screen INFOmatch
Screen Consultants is the leading Independent Market Data & Financial Technology Specialist for the Financial Services Industry. Screen offers specialist services on information services, technology and cost management in financial institutions’ front, middle, and back-offices. Screen has a global presence and its customer base includes more than 200 financial institutions world-wide. Screen provides value to its clients through three lines of business:
Specialist services – Screen delivers a full range of market data management services such as cost reduction studies, managed services, dealing room benchmarking projects, and assists with making strategic choices related to investment management technology.
INFOmatch® – the number-1 rated administrative tool to manage market data costs and contracts, control entitlements, budgets and changes. INFOmatch has interfaces to major vendors such as Reuters (DACS), Telekurs and Bloomberg.
Screen Markets – Media products for professionals in the investment industry as well as the organisation of exhibitions and conferences for the financial community across the globe.
For further information please contact:
Screen INFOmatch BV
Mr. Peter Fruitema
Director Screen INFOmatch
Tel: +31 73 6122 940