NEW YORK, February 4 /PRNewswire/ -- GoldenSource Corporation, a leading provider of Enterprise Data Management (EDM) solutions, will be exhibiting at the Global Association of Risk Professional's 11th Annual Risk Management Convention and Exhibition on February 8 - 10 in New York City's Marriott Marquis. The conference will discuss best practices, strategies and challenges faced by risk professionals.
As professionals try to identify the best risk management system for their financial institution, many fail to realize that their infrastructure is only going to be as good as the data filtering into it. Without clean, timely data from which to conduct analysis, risk managers will struggle to remove data silos and create golden copy master data that can be accessed from across the organization. If lacking a clear view of both exposure to risk and the collateral that can offset that risk, institutions will have a difficult time regaining their status as a viable option for investors.
Neil Edelstein, vice president of client solutions at GoldenSource, who brings more than 30 years of experience in the securities industry, will be available for commentary. Edelstein can elaborate on best practices for maximizing golden copy master data and data transparency to ensure optimized risk management, such as:
- Delivering support for unique, structured products while maintaining a clear view. - Ensuring all underlying links and dependencies for new exotic products are transparent and enable a clear understanding of the credit-risk profile and counterparties for a particular product. - Providing the ability to roll up or drill down through all data from any perspective - risk, profit and loss, collateral management. - Enabling new, complex structured products to be created without difficult or lengthy modelling work allowing traders to begin trading new instruments quickly and easily. Value and inherent exposure of those instruments is always readily visible, helping to protect institutions against risk.
GoldenSource will be exhibiting at booth #13.
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: Neil Edelstein is available for press interviews and briefings while onsite at GARP's Risk Management Convention and Exhibition. Please contact Laura Zanzal at the information below to coordinate an interview:
U.S. press office: Metia Inc. Laura Zanzal Tel: +1-917-320-6464 Email: email@example.com
CONTACT: U.S. press office: Metia Inc., Laura Zanzal, Tel:+1-917-320-6464, Email: firstname.lastname@example.org