GoldenSource to Examine Data Management for 'know Your Counterparty' at Counterparty Risk Seminar

By Goldensource, PRNE
Sunday, May 16, 2010

LONDON, May 17, 2010 - GoldenSource Corporation (www.thegoldensource.com/), a leading
provider of Enterprise Data Management (EDM) solutions (
www.thegoldensource.com/company/edm), will sponsor a coffee, croissant
and counterparty risk (www.a-teamgroup.com/counterparty-risk/)
seminar, moderated by A-team Group, on Tuesday 18th May at the Andaz Hotel,
London. The seminar will bring together specialist practitioners from
industry organisations including Citi, GoldenSource, Interactive Data and
Avox to discuss Following the Link… From Asset to Issuer.

The recent economic crisis has made financial institutions even more
aware of the need to understand their entire risk exposure. 'Know your
counterparty' is best practice enterprise risk management and the difference
between success and failure, however a traditional siloed approach to data
has left organisations unaware of the ultimate institution behind assets
being traded.

To minimise this risk, financial institutions must ensure they have the
systems in place to track counterparty interactions across multiple touch
points. This enables them to achieve greater levels of transparency and
understand individual trades and instruments in the broader enterprise
context. A centralised approach to data - instrument, client, price and
counterparty - and bringing it into a single golden record helps achieve
these goals, delivering a unified view of individual positions and
transactions, and highlighting potential exposure across the enterprise.

Gert Raeves, senior vice president, strategic business development at
GoldenSource, will be available for comment before and after the seminar. The
seminar, free to attend for industry participants, takes place at 8:30am,
Tuesday 18th May 2010 at the Andaz Hotel, Liverpool St, London.

Press note: Gert Raeves is available for press interviews and briefings
while onsite at the CounterParty Risk Seminar. Please contact Andy Martinus
using 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

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

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

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