NEW YORK, October 27, 2010 /PRNewswire/ -- GoldenSource Corporation, a leading provider of Enterprise Data Management (EDM) solutions, will be exhibiting at the 16th Annual Risk USA Conference, a premier risk management event aimed at financial institutions. For many risk managers, the pressing issue is not the need for risk management or new technology, but the need to achieve a higher level of sophistication in how they manage risk and understand exposure.

With the evolution of the current regulatory environment, specifically the signing of the Dodd-Frank Bill and directives such as Basel III, financial institutions are reassessing their current risk management techniques and supporting infrastructures. All data, static and transactional, will need to be visible from a single source of truth within a company in order to adhere to new regulatory requirements. This requires clean, timely data from which to conduct analysis. Integrating information from siloed systems by linking related data elements will help achieve an enterprise level view of risk and consolidate operational and decision support systems.

The RISK USA Conference will take place at the Crown Plaza in Times Square from November 1-4, and will offer in-depth research on regulatory changes sweeping the financial services industry. GoldenSource will be exhibiting on November 2nd and 3rd.

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: www.thegoldensource.com or follow on Twitter at http://twitter.com/goldensource.

U.S. press office: Metia Inc. Sheryl Lee Tel: +1-917-320-6462 Email: metiagoldensource@metia.com

SOURCE: GoldenSource

CONTACT: U.S. press office: Metia Inc., Sheryl Lee, Tel: +1-917-320-6462,Email: metiagoldensource@metia.com