GoldenSource Appoints Stephen Engdahl to Lead Product Strategy

By Goldensource, PRNE
Monday, January 24, 2011

LONDON and NEW YORK, January 25, 2011 - GoldenSource Corporation, the leading enterprise data management
solutions provider for the securities and investment industry, has appointed
Stephen Engdahl as senior vice president of product strategy. With over 10
years experience in the financial trade and compliance arena, Engdahl will
play an integral role in aligning the GoldenSource platform with key
business and regulatory drivers facing the capital markets.


"With regulations such as Basel III and Solvency II demanding improved
risk management and more robust reporting capabilities, there is a pressing
need for financial firms to adopt an integrated data management approach.
Firms can no longer afford to have an incomplete picture of data across
business lines as they work to increase levels of transparency and ensure
compliance. Firms need to review how they approach risk management to ensure
they are flexible enough to handle the changing regulations being put in
place," said Stephen Engdahl, senior vice president at GoldenSource.

Mike Meriton, CEO at GoldenSource said, "Financial institutions face a
challenging few years as risk-focused regulations come into play, and it's
critical they are able to link up fragmented business lines to establish an
overall perspective of operations. Stephen's extensive experience in
financial compliance, and having worked in both the front and back office,
will be of benefit to GoldenSource as we enhance our product scope and enter
our next phase of growth."

Engdahl joins GoldenSource after five years as director of product
management at Charles River Development, a provider of order management,
trading and compliance software. Prior to Charles River, Engdahl worked for
CheckFree Corporation, (now FISERV), during which time he held various
positions including vice president, product management and marketing for
CheckFree Financial and Compliance Solutions (CFACS) as well as other product
management, development and marketing leadership roles. Engdahl started his
career implementing front office systems in the Trust and Investment Services
Division of M&T Bank and is a graduate of Cornell University.

Engdahl will be based in New York and is available for media interviews.

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, organize
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 achieve tactical departmental
goals and strategic enterprise objectives. A proven supplier of on premises
EDM solutions to the world's largest financial institutions, GoldenSource
also powers managed data services via the innovative Powered by GoldenSource
program. For more information, visit

Notes to the editors:

For more information please contact:


    U.S. press office            UK press office
    Metia Inc.                   Metia Inc.
    Sheryl Lee                   Nicola Garvin
    Tel: +1-917-320-6462 Tel.    +44(0)20-3100-3586
    Email:  Email:

For more information please contact: GoldenSource - U.S. press office, Metia Inc., Sheryl Lee, Tel: +1-917-320-6462, Email: sheryl.lee at; UK press office, Metia Inc., Nicola Garvin, Tel: +44(0)20-3100-3586, Email: nicola.garvin at

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