GoldenSource to Explore Data Implications of Upcoming Regulations in Risk Data Webinar

By Goldensource, PRNE
Sunday, January 23, 2011

LONDON, January 24, 2011 - Following an A-TeamGroup survey investigating drivers for risk management
initiatives, GoldenSourceCorporation, a leading provider of Enterprise Data
Management (EDM) solutions, will participate in a webinar examining the
implications of the results for financial institutions. The 'Current State of
Risk Data Quality' webinar on Thursday, 27th January will discuss what the
main drivers for risk management are today, where the biggest challenges lie,
and which areas of regulation are having the biggest impact on data-related
risk initiatives.

As regulators finalize the adequacy rules of Basel III and Solvency II,
the industry needs to improve data and risk management practices in
anticipation of the upcoming changes. Regulators are demanding increased
transparency,enhanced reporting, and an integrated risk management framework
- all of which requires higher quality data than financial institutions have
traditionally maintained.

The webinar will question who is responsible for the management of data
used in risk calculations, and what types of data integration and cleansing
will be required to improve their quality. It will also discuss which areas
of risk financial institutions are focusing on to improve their risk-related
data and ensure compliance with new reporting demands.

Steve Engdahl, SVP ofProduct Strategy at GoldenSource, along with
panelists representing the A-Team Group and risk consultancy InteDelta, will
explore the likely impact regulations will have on data processes, and the
changes they will necessitate to existing infrastructure. To sign up for the
webinar and submit your queries to Steve, please go to

Steve will also be available for press interviews prior to and after the

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:

    UK press office:

    Nicola Garvin
    Tel: +44(0)20-31003586

UK press office: Metia, Nicola Garvin, Tel: +44(0)20-31003586, Email: metiagoldensource at

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