GoldenSource for Derivatives Wins Financial News 'Best New Vendor Solution' 2009 Award


NEW YORK, September 23 /PRNewswire/ --     GoldenSource, a global software provider of enterprise data management
(EDM) solutions, has won the 'Best New Vendor Solution' award at the
Financial News Awards for Excellence in I.T. Trading & Technology Europe
2009, held in the City of London last night. GoldenSource was recognized for
its GoldenSource for Derivatives solution and selected from a shortlist that
included SunGard, Thomson Reuters and Interactive Data.

GoldenSource for Derivatives, launched in March 2009, is the only data
management solution in the market developed with the specific aim of dealing
with the unique complexity, lifecycle and volume of derivatives data. The
solution was developed to meet client demand for instrument-level
transparency and in anticipation of increased repository and regulatory
requirements. It includes a preconfigured 360-degree view of instrument,
issuer and counterparty exposure, creating a local CDS warehouse capability.

The solution creates and sustains a trusted data repository for critical
applications such as risk management, and has no limit to the complexity or
type of instrument it can accommodate. This is of particular importance in
the OTC derivatives market due to the bespoke nature of many of these
instruments.

"This award is recognition from some of Europe's top banking and
technology executives that we have developed an innovative solution to
address the unique challenges posed by derivatives," said Mike Meriton, CEO,
GoldenSource. "GoldenSource for Derivatives gives firms a higher level of
insight as they look to increase their use of derivatives without driving up
risk."

The full list of winners can be found on the Financial News website:
http://www.efinancialnewsevents.com/award/itawards2009/

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.

To arrange an interview with GoldenSource regarding GoldenSource for
Derivatives, please contact Sheryl Lee or Daniel Diaz at Metia: 
+1-9173206462/+44(0)2031003729, sheryl.lee@metia.com/daniel.diaz@metia.com

For more information on GoldenSource, please visit
http://www.thegoldensource.com

© PR Newswire Association LLC.

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