NEW YORK, September 25 /PRNewswire/ --

- Press Release from the 18th of September 2007

NEW YORK, September 25 /PRNewswire/ --

- Integrated Approach to Counterparty and Customer Data is Seen as 
Crucial to Accurately Measure Exposure, Risk and Profitability

Improvements in client and counterparty data management have
three new principal drivers, according to an international survey by A-Team
Group. Risk management, compliance and business development are the main
reasons that financial institutions are now pushing to improve the
aggregation of their customer and counterparty data, showing a more proactive
approach to risk management and compliance.

The research, commissioned by GoldenSource Corporation, the
Enterprise Data Management solutions provider, focused on the growing
importance of linking counterparty data into the securities master and found
that financial institutions are moving away from traditional functions, where
client or counterparty information simply directs credit worthiness and
after-the-fact performance, with almost nine out of 10 respondents seeing
compliance as the most important reason for aggregating customer data,
followed closely by risk (73%).

The research shows that an integrated approach to counterparty
and customer data is seen as crucial to accurately measure exposure, risk and
profitability as it allows a view of relationship hierarchies for roll-up. It
also found that managing operational data such as Standard Settlement
Instructions is one of the largest operational headaches as it still has a
large manual component (36%) even though third-party data providers are
utilized (24%) and internal systems are in place (40%).

Respondents indicated that while the current climate supports
a data management solution build not buy mentality, mainly due to the
understood complexity of integrating client/counterparty and securities
masters with applications and business processes, there is recognition of the
need for a smart platform and third-party data management solutions in order
to improve flexibility, consistency and scalability.

"Complexity in new financial products has blurred the lines
between instrument and entity data masters. This is because counterparty
credit and risk data is now itself an attribute of complex derivative
products," says Gert Raeves, VP Business Solutions, GoldenSource. "As risk
and compliance factors become more prevalent, the need to link issues to
issuers has become more critical so that risk analysis and identification
verification can be performed across all legal entities that relate in any
way to an issue or its holders. This ties in with our customers' experience
that a holistic approach to operational, compliance and risk objectives
provides better composite ROI - extending the value of a single golden copy
of data across all consumers of shared product, customer, and counterparty
data."

The report, New Wave for Counterparty and Client Data, is the
second of three targeted EDM surveys of senior reference data managers. The
participants were senior-level individuals responsible for counterparty and
or customer data quality and availability throughout the enterprise, and they
had a close proximity to operations. They were involved in developing - as
well as implementing and operating - the strategy for data management in
these areas. Specifically, study participants held a range of job roles and
responsibilities encompassing compliance, risk, securities master, client,
counterparty, and/or SSI data management for organizations that could cover a
hundred or more jurisdictions of operation.

To download a copy of the full A-Team survey report go to
http://www.thegoldensource.com

About GoldenSource

GoldenSource makes it easy to manage critical reference 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.

As a pioneer of EDM solutions, GoldenSource powers managed data services
via the innovative Powered by GoldenSource(tm) program. Launched in 2004,
Powered by GoldenSource supports outsourced data management services for many
of the world's leading global institutions, including IBM, Broadridge, HSBC
and OpHedge.

For more information, visit http://www.thegoldensource.com or
email info@thegoldensource.com

UK press office:
    Metia Ltd.
    Jon Angeloni
    Tel: +44-(0)-20-3100-3566
    Email: jonathan.angeloni@metia.com

    U.S. press office:
    Metia Inc.
    Audra Tiner
    Tel: +1-917-320-6456
    Email: audra.tiner@metia.com

    Client contact:
    Susan Frederick
    VP Marketing
    GoldenSource Corporation
    Tel: +1-212-798-7255
    Email: sfrederick@thegoldensource.com