GoldenSource for Derivatives Shortlisted for Financial News ‘Best New Vendor Solution’ Award

NEW YORK - GoldenSource, the leading provider of data management solutions, has been shortlisted in the ‘Best New Vendor Solution’ category for this year’s Financial News Awards for Excellence in IT with its GoldenSource for Derivatives solution. Launched in March 2009, GoldenSource for Derivatives is the only data management solution developed specifically to handle the unique complexity, volume and lifecycle of derivatives data.

Developed in response to client demand for instrument-level transparency and in anticipation of increased regulatory and repository requirements, the preconfigured solution provides a 360 degree view of instrument, issuer and counterparty exposure, creating a local CDS warehouse capability. The solution establishes and maintains a trusted repository of data for critical applications such as risk management, and has no limit to the type or complexity of instrument it can handle.

“We are very proud to be nominated for this award which recognizes IT excellence in the European banking and vendor community,” says Mike Meriton, CEO and President, GoldenSource. “A huge amount of work went into developing a solution that is unique in its ability to handle the diverse nature of derivatives data. The level of insight provided by GoldenSource for Derivatives will become increasingly critical as financial institutions look to increase their use of these instruments once more, while keeping stronger control of their exposure.”

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

For more information U.S. press office Metia Inc. Sheryl Lee/ Ashleigh Egan Tel: 1-917-320-6462/ 6454 Email: MetiaGoldenSource@metia.com UK press office Metia Daniel Diaz/Andy Martinus Tel. +44-(0)20-3100-3729/ 3585 Email: MetiaGoldenSource@metia.com

Source: GoldenSource

For more information: U.S. press office, Metia Inc., Sheryl Lee/ Ashleigh Egan, Tel: 1-917-320-6462/ 6454, Email: MetiaGoldenSource at metia.com. UK press office: Metia, Daniel Diaz/Andy Martinus, Tel. +44-(0)20-3100-3729/ 3585, Email: MetiaGoldenSource at metia.com