GoldenSource 360 EDM
Overview Long-standing data management provider to the securities and investment management industry, Financial Technologies International (FTI), was renamed GoldenSource in 2005. Based in New York, the vendor now also has offices in Europe, Asia, and Australia. Following a win at Standard Chartered Bank in Hong Kong and Singapore, an office in Singapore was opened. The company has remained focused on data management from the outset and, by virtue of remaining privately owned, has avoided the consolidation headaches of others, over its 30 or so year history. The company has grown on the back of ever more demand from the market for improved data, with part of this expansion being geographical, including into markets such as Russia and China that have typically proved difficult for outside vendors. In July 2016, GoldenSource opened a new office in Paris. To help serve the company’s growing European client base. The new office complements the company’s existing offices in London and Milan.
Products
GoldenSource’s Enterprise Data Management (EDM) platform, now dubbed 360 EDM, is designed to allow disparate data sources to share information from a centralised system, thereby creating a ‘golden copy’ of the data. The transition from disparate silo environments to a single integrated data platform is intended to provide a consolidated enterprise-wide business view to support operations and decision-making. Based on the GoldenSource DataModel, EDM components can be licensed individually or together. The platform employs J2EE technology and open messaging standards. The first component, GoldenSource Securities &
Products, is a global security master application designed to permit a financial institution to process issue and price information from multiple internal and external sources and to store it in a central repository. It basically creates, maintains and publishes a standardised reference data repository for all financial instruments. The pre-configured connectivity and data integration interface, GoldenSource Connections (which feeds into this solution), is also designed to make it easier to access content from external data sources, speeding up integration, reducing project risk and reducing implementation timescales. Similarly, GoldenSource Customers & Counterparties
creates, maintains and publishes a standardised reference data repository for all customer and counterparty data. This solution can be used on an integrated basis, or it can be used to manage customer and counterparty data separately. Built on a scalable, real-time architecture, it captures legal entity, corporate hierarchy, credit and operational information and can link instrument and entity information for risk and exposure management, as well as compliance and regulatory needs. GoldenSource Connections also provides links to the likes of Dun & Bradstreet and CounterpartyLink. GoldenSource Positions & Transactions is a positions, balances and transactions consolidation engine. The application aggregates positions and balances, providing
access to the financial totals and details needed for decision making, customer service and daily operations. Positions and balances can be aggregated across a variety of different levels (such as by client, by firm, by department) as well as by sub-ledger (such as available cash, pending settlements, available collateral, pledged securities). The application also translates disparate sets of transaction formats from multiple feeder systems into a consistent set of formats. This facilitates data sharing and simplifies the addition of any new analytical applications as required. Although it operates in real-time, it can also be used to create a simple data store of transaction and position history data. It is useful for trade capture and for creating a simplified data store when real-time position update is not required. GoldenSource Accounting is a real-time financial information platform for analysing and forecasting the consolidated accounting impact of transaction activity on customers and business. Continuously creating management information from the ongoing flow of transactions produced by front, middle and back office systems, it is designed to enable, in a multi-currency environment, the posting of securities and cash positions, gains and losses, payables, receivables and more. Combining traditional reference data (static data, corporate actions, end-of-day pricing) with more time-critical market data (intraday pricing, rates, curves, and derived data sets such as volatility surfaces and correlation matrices), these postings are intended to support fully informed compliance and credit monitoring, as well as cash and investment exposure management based on the most recent transactions. Launched in 2010, the GoldenSource Market Data
Solution (or GSMDS) is responsible for the capture, cleansing, validation, storage and distribution of a ‘golden copy’ of historic end-of-day data, intraday and tick data, curves, spread-curves and derived data across all asset classes and instruments. Built on Java and web services technology, GSMDS includes technology components licensed from Xenomorph, a provider of analytics and data management solutions. Also launched in 2010 was the GoldenSource Data
Risk Management Systems & Suppliers Report |
www.ibsintelligence.com 43
Page 1 |
Page 2 |
Page 3 |
Page 4 |
Page 5 |
Page 6 |
Page 7 |
Page 8 |
Page 9 |
Page 10 |
Page 11 |
Page 12 |
Page 13 |
Page 14 |
Page 15 |
Page 16 |
Page 17 |
Page 18 |
Page 19 |
Page 20 |
Page 21 |
Page 22 |
Page 23 |
Page 24 |
Page 25 |
Page 26 |
Page 27 |
Page 28 |
Page 29 |
Page 30 |
Page 31 |
Page 32 |
Page 33 |
Page 34 |
Page 35 |
Page 36 |
Page 37 |
Page 38 |
Page 39 |
Page 40 |
Page 41 |
Page 42 |
Page 43 |
Page 44 |
Page 45 |
Page 46 |
Page 47 |
Page 48 |
Page 49 |
Page 50 |
Page 51 |
Page 52 |
Page 53 |
Page 54 |
Page 55 |
Page 56 |
Page 57 |
Page 58 |
Page 59 |
Page 60 |
Page 61 |
Page 62 |
Page 63 |
Page 64 |
Page 65 |
Page 66 |
Page 67 |
Page 68 |
Page 69 |
Page 70 |
Page 71 |
Page 72 |
Page 73 |
Page 74 |
Page 75 |
Page 76 |
Page 77 |
Page 78 |
Page 79 |
Page 80 |
Page 81 |
Page 82 |
Page 83 |
Page 84 |
Page 85 |
Page 86 |
Page 87 |
Page 88 |
Page 89 |
Page 90 |
Page 91 |
Page 92 |
Page 93 |
Page 94 |
Page 95 |
Page 96 |
Page 97 |
Page 98 |
Page 99 |
Page 100 |
Page 101 |
Page 102 |
Page 103 |
Page 104 |
Page 105 |
Page 106 |
Page 107 |
Page 108 |
Page 109 |
Page 110 |
Page 111 |
Page 112 |
Page 113 |
Page 114 |
Page 115 |
Page 116 |
Page 117 |
Page 118 |
Page 119 |
Page 120 |
Page 121 |
Page 122 |
Page 123 |
Page 124 |
Page 125 |
Page 126 |
Page 127 |
Page 128 |
Page 129 |
Page 130 |
Page 131 |
Page 132 |
Page 133 |
Page 134 |
Page 135 |
Page 136 |
Page 137 |
Page 138 |
Page 139 |
Page 140 |
Page 141 |
Page 142 |
Page 143 |
Page 144 |
Page 145 |
Page 146 |
Page 147 |
Page 148 |
Page 149 |
Page 150 |
Page 151 |
Page 152 |
Page 153 |
Page 154 |
Page 155 |
Page 156 |
Page 157 |
Page 158 |
Page 159 |
Page 160 |
Page 161 |
Page 162 |
Page 163 |
Page 164 |
Page 165 |
Page 166 |
Page 167 |
Page 168 |
Page 169 |
Page 170 |
Page 171 |
Page 172 |
Page 173 |
Page 174 |
Page 175 |
Page 176 |
Page 177 |
Page 178 |
Page 179 |
Page 180 |
Page 181 |
Page 182 |
Page 183 |
Page 184 |
Page 185 |
Page 186 |
Page 187 |
Page 188 |
Page 189 |
Page 190 |
Page 191 |
Page 192
