LONDON and NEW YORK, June 9 /PRNewswire/ --

- Version 8 Introduces Advanced Functionality For Managing Business Risk,
Particularly in High-Risk Areas Such as Corporate Actions, Pricing and Data 
Quality

GoldenSource Corporation a global software provider of Enterprise Data
Management (EDM) solutions for financial and securities institutions
worldwide today announced the general availability of Version 8 of the
GoldenSource EDM platform. Built around a standards-based J2EE application
server framework, the GoldenSource EDM platform is now even easier to
configure, integrate and deliver - providing customers with dynamic
scalability, security and high availability out-of-the-box.

Functional enhancements include a set of new preconfigured Connections to
content providers, and three powerful data quality improvements that provide:

- improved matching and exception management in the area of
      corporate actions notifications;
    - sophisticated pricing capabilities for validating vendor data and
      handling exceptions;
    - greater flexibility in the definition and management of data
      completeness, allowing different consumers to specify their critical data
      attributes in a non-linear way



All of these functional enhancements make it easier for users to control
and manage data quality and reliability - and this is fundamental in helping
firms more accurately determine their total risk and exposure, so that they
can compete more effectively.

Significant technical advancements include: a workflow-oriented and
SOA-enabled architecture which allows rapid deployment of end-to-end data
management solutions using a graphical configuration interface; and an
improved system management interface for easier and faster implementation and
production management. All configuration tasks are carried out in a
standards-based Eclipse framework, providing a seamless environment to
implement solutions from configuration to testing and production. This will
dramatically increase the transparency and auditability of business
processes, and reduce the time to market for implemented EDM solutions.

"EDM solutions need to allow firms to think big, start small and scale
quickly. With this in mind it's essential to provide ease of integration with
any data source or consumer, scalability to handle very high volumes and to
have high availability built in. We're delivering all of that, and more, with
Version 8. We've also made the technology firepower even easier and more
accessible for data professionals to use, really helping them to own the
process, drive data quality and interact with the data flow at a business
level," said Tom Stock, SVP Product Management, at GoldenSource. "A
user-friendly interface design, focus on flexible and standards-based
workflow, as well as preconfigured connections to specialized vendor data
products, make it possible to get data management out of the IT realm and
firmly under the control of the business."

New Connections available in Version 8 include:

- Bloomberg Data License: Extended
      (including: Extended Equity, Extended Preferred, Extended EOD Pricing)
    - Fidelity ActionsXchange: ActionService ISO 15022
    - Interactive Data: ISO 15022
    - S&P: GICS Direct
    - Fitch Ratings: Enhanced RDS [current Issue and Issuer
      ratings]
    - Reuters DataScope: DS Select



Key technology innovations in Version 8 include:

- Standards-based J2EE application server
    - Fully integrated process and resource management
    - Integrated process monitoring (SNMP traps)
    - Automatic/dynamic scaling
    - Application server integrated security
    - Graphical system management and configuration consoles
    - Flexible workflow model
    - Synchronous interfaces
    - Fully transactional
    - Single deployment onto cluster
    - Open messaging standards (JMS)



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. 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

Notes to Editors

For more information
    UK press office                   U.S. press office:
    Metia Ltd.                        Metia Inc
    Jon Angeloni/Daniel Diaz          Tinne Teugels
    Tel: + 44(0)20-3100-3500          Tel: +1-917-320-6459
    Email: goldensource@metia.com     Email: goldensource@metia.com