LONDON, April 16, 2010 /PRNewswire/ -- GoldenSource Corporation, a leading provider of Enterprise Data Management (EDM) solutions, will be exhibiting at CorpActions 2010, Europe's premier corporate actions event on April 23 at The Grocers' Hall, City of London. The conference will review critical issues and developments within the corporate actions landscape including cross-border investments, risk management, increased market regulation, quality of proxy data and STP capabilities.
The effects of the financial crisis have more than ever, highlighted the need for streamlined corporate actions processing, with tolerance for risk at its lowest point. Coupled with an increase in complexity and volume from increased restructuring and merger and acquisition activities, this makes the quality of an organisations corporate actions data management of even greater importance.
Gert Raeves, senior vice president, Strategic Business Development at GoldenSource, will be available for commentary at CorpActions 2010. Raeves can discuss in detail best practices for ensuring optimal corporate actions processing through golden copy master data, such as:
- Harmonization of corporate actions standards; - The need for golden copy data to ensure standards are met; - The importance of XBRL, ISO 20022 and ISO 15022 for the future of corporate actions; and - How improved data quality can advance adoption of new market regulation.
Introducing a uniform, 'golden copy' master data set for corporate actions makes standardisation and normalisation of notifications realistic. It removes issues associated with different languages from different data sources, 'unclean' data, removing the need for additional data scrubbing, and increasingly intricate terms and conditions which continue to make corporate actions one of the most complex post-trade activities to manage.
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
Press note: Gert Raeves is available for press interviews and briefings while onsite at CorpActions 2010. Please contact Andy Martinus using the information below to coordinate an interview:
UK press office: Metia Andy Martinus Tel: +44(0)20-3100-3585 Email: metiagoldensource@metia.com
SOURCE: GoldenSource
CONTACT: UK press office: Metia, Andy Martinus, Tel: +44(0)20-3100-3585,Email: metiagoldensource@metia.com
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