NEW YORK, September 27 /PRNewswire/ --     Throughout the boom in complex leveraged and collateralised debt
instruments, high yields have all but blinded investors to the significant
risk. Now that the market has turned sour and lenders are calling in the
debts, investors are learning the hard way how CDOs and other exotic
instruments can quickly unravel. GoldenSource Corporation, a leading provider
of Enterprise Data Management (EDM) solutions, has recently published a white
paper outlining how EDM can help mitigate the fall out from the current
credit crunch crisis, titled "Battling the credit crunch with Enterprise Data
Management."

Synopsis:

Today's credit crunch has led to defaults in a US$100bn market 
sector - US sub-prime mortgages - that are now destroying confidence in 
trillions of dollars of collateralised instruments. As sub-prime 
mortgages have been routinely pooled and packaged with other debt in large,
complex CDOs, they are contaminating even highly rated debt, creating 
a risk-averse market and drying up the money supply.

To survive this crisis and avoid becoming another Herstatt or Barings,
financial institutions need a comprehensive understanding of all the debt
they hold and all the related information on customers, counterparties,
issuers and collateral. With a clear view of both their exposure to risk and
the collateral they can offset against that risk, firms can weather the storm
and prove their viability to the market.

By applying proven enterprise data management techniques, institutions
can gain a solid view of their comprehensive holdings and have the ability to
fall back on centralised, clean, detailed data in times of crisis. When
uncertainty strikes the market, EDM can help restore confidence and protect
against risk.

To gain a fuller insight to the issues raised by the current credit
crunch and to obtain a full copy of the GoldenSource white paper please
contact:

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: GoldenSource@metia.com
    
    US press office
    Metia Inc
    Audra Tiner
    Tel: +1-917-320-6452
    Email: GoldenSource@metia.com