GoldenSource Opens Beijing Office

By Goldensource, PRNE
Sunday, March 13, 2011

Fourth Asia-Pacific Office to Support Domestic Clients and Growing Enterprise Data Management Needs

NEW YORK, LONDON, MUMBAI, India and HONG KONG, March 14, 2011 - GoldenSource Corporation, a leading enterprise data management solutions
provider, today announced the expansion of its Asia-Pacific presence with
the opening of a Beijing office. With Beijing, GoldenSource now has four
offices in Asia, including Hong Kong, Melbourne, and Mumbai. Located in the
Chaoyang District, GoldenSource's Beijing office will provide sales and
support for a growing client base, which includes several leading Chinese
financial institutions.

"Spurred by the expanding economy and maturing financial system, clients
are demanding more sophisticated EDM solutionsto improve operational
efficiency, transparency, and risk control. With China currently in the top
five geographies based on total tier one capital,this office is of strategic
importance to our long-term growth plans," said Mike Meriton, president and
CEO of GoldenSource. "As China's regulatory hub, the Beijing office further
demonstrates our commitment to the region and reinforces our position as a
global EDM provider with a deep understanding of local business needs."

"Since 2006, QDII (Qualified Domestic Institutional Investor), a scheme
that allows Chinese institutions to invest in financial products overseas,
has accelerated the opening up of financial markets to international
securities and investments," said Neill Vanlint, managing director of EMEA
and Asia-Pacificat GoldenSource. "Financial institutions need to keep up with
continuous innovation as more domestic investors demand alternative
investment vehicles and complex instruments to diversify their portfolios."

"Having spent five years in the region, we have observed that current
domestic infrastructure and platforms do not have the necessary connectivity
for deal execution across the global markets, which increases the opportunity
for global solutions to support these investments strategies," said Brian
Rooney
, sales director of Asia-Pacific at GoldenSource. "Thus, domestic
financial institutions are aggressively looking to mature, best-in-breed
solutions to transform their infrastructure and enable rapid growth in a
short timeframe."

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
www.thegoldensource.com

    For more information please contact:

    Metia on behalf of GoldenSource
    U.S. press office
    Sheryl Lee
    Tel: +1-917-320-6462
    Email: metiagoldensource@metia.com

    UK press office
    Nicola Garvin
    Tel. +44(0)20-3100-3586
    Email: metiagoldensource@metia.com

For more information please contact: Metia on behalf of GoldenSource, U.S. press office, Sheryl Lee, Tel: +1-917-320-6462, Email: metiagoldensource at metia.com ; UK press office, Nicola Garvin, Tel. +44(0)20-3100-3586, Email: metiagoldensource at metia.com

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