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”.
The Screen Group offers a range of specialised services and solutions for the professional financial services industry.
At the foundation of the company Screen built a unique consultancy practice that has made Screen the global leader for market and reference data advisory services. Through benchmarking, user profiling and requirements inventory Screen assists user firms in optimising their market data spend, as well as in researching, selecting and implementing software applications and solutions.
To inform the Financial Services Industry of new vendors and industry trends, Screen has been organising one day trade shows, Screen Events, for the last 18 years.
The offering is completed with a range of in-house developed and supported software solutions, the INFOmatch suite, which allows user firms to manage market data spend, create cost transparency and reduce redundant services.
The labels that represent this unique suite of complementary services are Screen Consultants, Screen Markets and Screen INFOmatch.
For further information please contact:
Mr. Roel Mels
Tel: +31 73 6122 940