NEW YORK, April 28, 2010 /PRNewswire/ -- GoldenSource Corporation, a leading provider of Enterprise Data Management (EDM) solutions, will be exhibiting at booth #318 at the Securities Industry Financial Markets Association (SIFMA) Operations Conference Exhibit on May 4-7 at JW Marriott Resort in Desert Springs, California.
The details of the Obama Administration reform bill have created a perfect storm of market conditions, highlighting the need for transparency, proper reporting and centralized access to data. Firms are being urged to better understand exposure and complex securities at the enterprise level, eliminate inconsistent business processes, and ensure consistently accurate data across different asset-based processing silos. Key will be ensuring the smooth integration of front and middle office operations in order to achieve a more accurate view of exact risk positions through centralized 'golden copy' data.
The convergence of market and reference data drives firms to capture all different data types, distribute prices, and manage front office activity, while providing snapshots to the back office as required. This end-to-end transparency can be achieved through a single integrated platform, backed up by comprehensive audits trails of market and reference data. It addresses concerns associated with the management of transactional and position data, and pricing information on financial instruments.
Neil Edelstein, vice president of client solutions at GoldenSource Corporation will be present at the SIFMA Operations Conference to discuss key issues such as the effect of impending regulations on IT operations, pricing, valuations, risk management, and OTC derivatives.
Press note: Neil Edelstein is available for press interviews and briefings while onsite at the SIFMA 2010 Operations Conference, as well as outside the event. 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.
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
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