NEW YORK, July 14 -- GoldenSource, the leading provider of data management
solutions, has been shortlisted in the ’Best New Vendor Solution’
category for this year’s Financial News Awards for Excellence in IT with
its GoldenSource for Derivatives solution. Launched in March 2009, GoldenSource
for Derivatives is the only data management solution developed specifically to
handle the unique complexity, volume and lifecycle of derivatives data.
Developed in response to client demand for instrument-level transparency and in
anticipation of increased regulatory and repository requirements, the
preconfigured solution provides a 360 degree view of instrument, issuer and
counterparty exposure, creating a local CDS warehouse capability. The solution
establishes and maintains a trusted repository of data for critical applications
such as risk management, and has no limit to the type or complexity of
instrument it can handle.
We are very proud to be nominated for this award which recognizes IT excellence
in the European banking and vendor community, says Mike Meriton, CEO and
President, GoldenSource. A huge amount of work went into developing a solution
that is unique in its ability to handle the diverse nature of derivatives data.
The level of insight provided by GoldenSource for Derivatives will become
increasingly critical as financial institutions look to increase their use of
these instruments once more, while keeping stronger control of their exposure.
About GoldenSource
GoldenSource makes it easy to manage critical reference and market data. We
offer an integrated Enterprise Data Management (EDM) platform for the securities
and investment management industry.
Our innovative products are designed to create, maintain and distribute a
trusted golden copy. Our unique data model covers all financial instruments,
customers and counterparties, and extends to transactions and positions. The
ability to connect, organise and aggregate trusted information reduces risk,
drives better decisions and helps our customers achieve their goals.
GoldenSource solutions are used by forward-looking banks, brokers, investment
managers and service providers to reconcile tactical departmental goals and
strategic enterprise objectives.
A proven supplier of on premises EDM solutions to the world’s largest
financial institutions, GoldenSource also powers managed data services via the
innovative Powered by GoldenSource(tm) program.
For more information, visit: http://www.thegoldensource.com
For more information U.S. press office Metia Inc. Sheryl Lee/ Ashleigh Egan
Tel: 1-917-320-6462/ 6454 Email: MetiaGoldenSource@metia.com UK press office
Metia Daniel Diaz/Andy Martinus Tel. +44-(0)20-3100-3729/ 3585 Email:
MetiaGoldenSource@metia.com
SOURCE: GoldenSource
For more information: U.S. press office, Metia Inc., Sheryl Lee/ Ashleigh Egan,
Tel: 1-917-320-6462/ 6454, Email: MetiaGoldenSource@metia.com. UK press office:
Metia, Daniel Diaz/Andy Martinus, Tel. +44-(0)20-3100-3729/ 3585, Email:
MetiaGoldenSource@metia.com
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