GoldenSource Helps Prepare for Regulatory Reform at SIFMA Financial Services Technology Expo 2010

By Goldensource, PRNE
Thursday, June 17, 2010

NEW YORK, June 18, 2010 - GoldenSource Corporation, (www.thegoldensource.com/) a leading
provider of Enterprise Data Management (EDM) solutions, (
www.thegoldensource.com/company/edm) will attend the SIFMA Financial
Services Technology Expo (events.sifma.org/2010/487/index.html) from
June 22-24 in New York to discuss best practice preparation for pending
regulatory reform. At the event, Mike Meriton, President and CEO of
GoldenSource, will detail how firms should approach data governance and
architecture to meet requirements for reporting, transparency and risk
management.

Discussions around a central clearing counterparty for even the most
exotic OTC derivative highlights the need to provide an intraday view of
exposure. As the complexity of products available increases, this demand will
only become more pronounced. Mixing real-time and historical data across all
trading activity will become critical in ensuring financial institutions have
an accurate view of their risk exposure.

Firms must also be able to consolidate positions and transactions into a
single repository from disparate operational and decision support systems to
ensure data is consistent and optimized for preservation. Retaining data
after its use-by date is likely to be a key part of the new regulatory
standards.

Banks are sitting on rich sets of knowledge. Those who adopt a strategic
data governance approach will have the competitive advantage generated by a
deeper understanding of each security and a holistic view of the business.

Press note: Mike Meriton is available for press interviews and analyst
briefings while onsite at the SIFMA Financial Services Technology Expo.
Please contact Sheryl Lee at the information below to coordinate an
interview:

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.

    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

YOUR VIEW POINT
NAME : (REQUIRED)
MAIL : (REQUIRED)
will not be displayed
WEBSITE : (OPTIONAL)
YOUR
COMMENT :