NEW YORK, February 27 /PRNewswire/ -- GoldenSource Corporation (http://www.thegoldensource.com), a global
software provider of Enterprise Data Management (EDM) solutions for financial
and securities institutions worldwide, has today announced a series of
connections to suppliers of high risk/ high value data in areas such as
derivatives, risk, pricing, corporate actions and counterparty data. These
products, in production at a number of client sites following successful beta
programs, are complementary to the growing list of preconfigured connections
already offered by GoldenSource such as Bloomberg, IDC, Reuters and Telekurs.
The current turmoil in the financial markets has highlighted the need for
organizations to revisit operational and counterparty risk and understand how
to capture a complete view of all data that may have a bearing on their
overall risk or exposure. To address this GoldenSource has added the
following connections:
- Markit RED, the market standard that confirms the legal relationship
between reference entities that trade in the credit default swap market and
their associated reference obligations, known as "pairs";
- RIMES Fixed Income Benchmarks' data platform for access to premium
third-party sources via a single data feed for fixed income performance
attribution and risk models;
- Bloomberg Extended BackOffice for further extensions to Bloomberg's
predefined BackOffice attribute sets, with additional security master,
pricing and bulk schedule information;
- Interactive Data FTS and IDC ISO 15022, Interactive Data's portfolio
management system for comprehensive descriptive, pricing and corporate
actions data across asset types.
"The explosive growth of derivatives and OTC markets is fuelling greater
awareness of the risks associated with high risk/high value data," commented
Tom Stock, SVP Product Management, GoldenSource. "By proactively making this
data available through a series of new connections to specialist suppliers,
we can help our customers improve their view of their risk exposure and
enable them to make business-critical decisions with confidence, even in a
volatile marketplace."
The new and existing GoldenSource connections handle all aspects of
technical integration and connectivity to data vendor products, manage all
data integration with preconfigured mappings to the normalized GoldenSource
Datamodel and offer a proactive support model ensuring interfaces are kept
current with vendor products.
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, organize
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
UK press office:
Metia Ltd
Jon Angeloni
Tel: +44-203-100-3566
Email: jonathan.angeloni@metia.com
US press office:
Metia Inc
Tinne Teugels
Tel: +1-917-320-6459
Email: tinne@metia.com
Client contact:
Susan Frederick
VP Marketing
GoldenSource Corporation
Tel: +1-212-798-7255
Email: sfrederick@thegoldensource.com
© PR Newswire Association LLC.
|