GoldenSource to Discuss Mitigating Risk Through Data Management at APFIC 2010 in Hong Kong
By Goldensource, PRNESunday, September 26, 2010
LONDON, September 28, 2010 - GoldenSource Corporation (bit.ly/dhYIHs), a leading provider of
Enterprise Data Management (EDM) solutions (bit.ly/9ygs9I), will
discuss how to mitigate risk with high quality data at this year's Asia
Pacific Financial Information Conference (APFIC). The event will take place
at the JW Marriott Hotel in Hong Kong, October 11th-13th, and will address
the business and technical issues affecting risk management professionals.
The Asia Pacific market is in a strong position to attract risk-averse
investors looking to achieve a real-time view of their exposure. The lack of
legacy systems its counterparts have to address give the financial
institutions in the region greater flexibility in implementing a centralized
system. A consolidated data management system is critical to achieving a
company-wide view of exposure and counterparties. As data volumes grow, this
will become even more of a challenge for the financial services industry.
Nassar Ahmad (bit.ly/bDxjvw), Director Client Operations, Asia
Pacific at GoldenSource, will participate in a panel at 11:50am HKT,
discussing how to mitigate risk with high quality data, along with
industry colleagues from ISJ Emerging Market, Barclay's Capital and UBS. They
will address the impact of poor data quality upon other critical business
functions, such as performance and client reporting, and how consolidated
operational and decision support systems help to achieve a company-wide view
of risk. The panel will also discuss:
- The benefits of using timely and high quality data to reduce the potential for errors; - How to measure data quality by implementing metrics in both source and downstream systems; - How to ensure data quality remains consistent and operational support is available; and - Whether there is a business case for adopting international standards to help improve quality.
APFIC is hosted by association group SIIA/FSID and publications Inside
Market Data and Inside Reference Data. For more information, please go to
siia.net/apfic/2010/schedule.asp.
Press note: Nassar Ahmad is available for press interviews prior to the
event. Please contact Nicola Garvin 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.K. press office: Metia Inc. Nicola Garvin Tel: +44(0)20-3100-3586 Email: metiagoldensource@metia.com
U.K. press office: Metia Inc., Nicola Garvin, Tel: +44(0)20-3100-3586, Email: metiagoldensource at metia.com
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