In this final daily episode: We take a look at the key trends and exciting developments that have taken place at SIFMA in New York this week.
Paul Skeldon, Online Editor at A-Team Group, talks to Exhibitors, Analysts and Visitors to the show to gauge their feelings on the trends they saw at this year’s event.
Running time: 9 minutes 25 seconds. Click the play button below to listen now:
The rapid take-up of OTC derivatives and associated business risk, is causing buy-side firms to reevaluate strategies, even those with well established data practices, according to an international survey commissioned by GoldenSource Corporation. The research, carried out by A-Team Group, studied trends among buy-side firms in managing instrument data and found that almost 80 per cent of asset managers are reviewing their data management strategies due to complex products. A copy of the full report, Buy-side Firms Take a Hard Look at Data Practices, is now available for download here.
GoldenSource, booth # 3109 has released version 8 of its EDM platform, which the vendor says offers advanced functionality for managing business risk, particularly in high risk areas such as corporate actions, pricing and data quality.
At SIFMA booth # 3109, GoldenSource will present a consolidated, centralised data foundation layer for securities and other products, clients, and counterparties combined with positions, balances and transactions that enable firms to show a real time aggregated view of risk and exposure.
GoldenSource data management solutions support all the critical business functions of a proven enterprise data management platform. This includes data acquisition, cleansing, normalization, validation, enrichment and distribution. We deliver the unique ability to link product and entity information with real time transactions and positions. This granularity of information helps our clients to better manage exposures and liquidity, control risks and maximize opportunities. Trading, risk management and compliance, settlement, portfolio accounting and other front, middle and back office functions all benefit from improved data management.
Who is GoldenSource?
GoldenSource is the market leader in delivering an integrated enterprise data management (EDM) platform and solutions to address the needs of the securities and investment management industry. Our software and expertise help our customers create, maintain and distribute a trusted Golden Copy. They benefit from better management, storage and distribution of their data company-wide.
GoldenSource makes it easy to support the needs of trading and risk applications with trusted reference data, aggregated positions and flexible rules processing. Our customers are banks, brokers, investment managers and service providers who need flexible EDM solutions to transform the way they manage their data. 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 business goals.
GoldenSource has become a charter sponsor of the SIFMA TMC News Center. A leading enterprise data management solution provider, the company will be exhibiting at the SIFMA Show - booth # 3109, Americas Hall 1, exhibit level 2.
