NEW YORK, June 18, 2010 /PRNewswire/ -- GoldenSource Corporation, ( a leading provider of Enterprise Data Management (EDM) solutions, ( will attend the SIFMA Financial Services Technology Expo ( from June 22-24 in New York to discuss best practice preparation for pending regulatory reform. At the event, Mike Meriton, President and CEO of GoldenSource, will detail how firms should approach data governance and architecture to meet requirements for reporting, transparency and risk management.

Discussions around a central clearing counterparty for even the most exotic OTC derivative highlights the need to provide an intraday view of exposure. As the complexity of products available increases, this demand will only become more pronounced. Mixing real-time and historical data across all trading activity will become critical in ensuring financial institutions have an accurate view of their risk exposure.

Firms must also be able to consolidate positions and transactions into a single repository from disparate operational and decision support systems to ensure data is consistent and optimized for preservation. Retaining data after its use-by date is likely to be a key part of the new regulatory standards.

Banks are sitting on rich sets of knowledge. Those who adopt a strategic data governance approach will have the competitive advantage generated by a deeper understanding of each security and a holistic view of the business.

Press note: Mike Meriton is available for press interviews and analyst briefings while onsite at the SIFMA Financial Services Technology Expo. Please contact Sheryl Lee at the information below to coordinate an interview:

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.

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

SOURCE: GoldenSource

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