GoldenSource Reports Record 2010

By Goldensource, PRNE
Tuesday, March 1, 2011

Enterprise Data Management Solutions Provider Predicts Further Growth in 2011 due to Global Regulatory Requirements and Continued Expansion Into Emerging Markets

LONDON, March 2, 2011 - GoldenSource Corporation, a leading enterprise data management solutions
provider, today announced more than 30% growth in year over year revenues for
2010, setting the pace for continued growth in 2011.

"2010 was a landmark year for us," said Mike Meriton, president and CEO
of GoldenSource. "This result reflects our sustained investment in research
and development at a time when data management is cited as a critical
priority for financial institutions. This year our resolution is to help our
clients plan and meet upcoming regulatory changes by improving data
transparency and auditability. We will also continue to address and enable
best risk management practices, which in our view include advanced data
aggregation capabilities."

The strong results are the culmination of the launch of several solution
offerings in the market data, risk management and data warehousing arena, as
well as the continued adoption of GoldenSource's managed data interfaces to
all the major data vendors. Further penetration into all lines of business
including private banking and insurance, and the addition of several new
clients across the globe contributed to a year of profitable growth for the

"We were able to accelerate our growth in Asia Pacific by signing on
clients, including leading financial institutions in China, Australia and
Singapore," said Neill Vanlint, managing director of EMEA and Asia Pacific
for GoldenSource. "Going forward, we will continue our expansion into this
region and help leading institutions in their pursuit in developing
best-in-class data management strategies as they enter the global stage."

GoldenSource observed that the data management market continued to mature
as a result of financial institutions rolling out the respective platforms as
a strategic, internal shared service across their organizations. Executives
expect this trend to increase as firms realize the benefits of enterprise
wide deployments, drive economies of scale and streamline operational costs.

"Risk management has risen to a new level of prominence in the years
since the credit crisis," said Fritz McCormick, senior analyst at Aite Group.
"An associated emphasis on effective data management has also emerged as the
industry acknowledges that effective risk management is predicated upon data
quality. This is spurring more and more firms to address their data
management infrastructure, policies and practices."

Mike Atkin, managing director of the EDM Council said, "Across the board,
financial institutions have recognized data management as an essential
prerequisite for operating in the new era of global transparency and systemic
oversight. Data comparability and business processing automation are the
objectives. In order to meet these new operational requirements, firms are
working to align their data repositories, adopt standards and extend their
internal governance to cover the science and discipline of EDM. Data
management has absolutely emerged as a business priority for the financial

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

    For more information please contact:

    Metia on behalf of GoldenSource

    U.S. press office
    Sheryl Lee
    Tel: +1-917-320-6462

    UK press office
    Nicola Garvin
    Tel. +44(0)20-3100-3586

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

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