GoldenSource Discusses Improving Risk Management with Data Warehouse Initiatives at TSAM North America 2010
By Goldensource, PRNESunday, August 22, 2010
NEW YORK, August 23, 2010 - GoldenSource Corporation, a leading provider of Enterprise Data
Management (EDM) solutions, will participate in Technology Solutions for
Asset Management (TSAM) North America 2010.TSAM North America 2010 will take
place at New York's Hotel Pennsylvania on Tuesday, September 14th and will
include a presentation from Tom Stock the senior vice president of product
management at GoldenSource.
Tom will discuss how asset managers today must achieve firm-wide
transparency in order to meet changing regulatory requirements and to deliver
accurate and comprehensive end of day reporting. He will outline how buy-side
firms can overcome the issues of siloed systems by linking related data
elements in a data warehouse, allowing them to consolidate operational and
decision support systems to achieve a company-wide view of risk.
Data has to be instantly processed, parsed, analyzed and reported in
real-time. Poor quality data can be catastrophic. Buy-side firms have
traditionally struggled to consolidate position and transaction data, having
to build costly proprietary warehouses or make do with disparate systems. The
GoldenSource Data Warehouse helps asset managers achieve consolidation goals
by providing them a single view of their customers' portfolios, as well as
the ability to quickly and easily adapt to changing regulatory requirements.
It also stores historical data after it has been purged from its original
system location, meeting strict compliance standards.
In addition Tom will discuss the impact of poor data quality upon other
critical business functions such as performance and client reporting. He will
be speaking from 2:00 - 2:30pm and will be available prior to and after the
presentation for interviews. GoldenSource will be exhibiting at booth K.
TSAM gathers international buy-side innovators to provide a global
knowledge exchange and to address the industry's fundamental issues across
the front, middle and back-office.
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.
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(TM) program.
For more information, visit: www.thegoldensource.com or follow on
Twitter at twitter.com/goldensource.
Press note: Tom Stock is available for press interviews and briefings
while onsite at New York's Hotel Pennsylvania. Please contact Sheryl Lee at
the information below to coordinate an interview.
U.S. press office: Metia Inc. Sheryl Lee Tel: +1-917-320-6462 Email: metiagoldensource@metia.com
U.S. press office: Metia Inc., Sheryl Lee, Tel: +1-917-320-6462, Email: metiagoldensource at metia.com
Tags: August 23, GoldenSource, New York