The leading knowledge platform for the financial technology industry
The leading knowledge platform for the financial technology industry

A-Team Insight Blogs

ASX Upgrades Core Data Management Infrastructure with GoldenSource EDM

The ASX Group (ASX) has selected GoldenSource EDM to upgrade and replace its current corporate data management system known as CORE. The new platform will serve as the most comprehensive repository of historical data as well as the essential link for equity trading and settlement processes at ASX. With a centralized, trusted copy of company, securities, and trading data, GoldenSource EDM will enable ASX to more flexibly process complex product sets and corporate action events, reduce time to market for launching new products, and ensure consistency of timely data delivered across the Group’s exchange activities.

“To support and sustain the recent growth in product development, listing, and trading instruments, ASX identified enterprise data management as a key strategic operational enabler,” says Jeff Olsson, Group Executive, Technology at ASX. “After an extensive evaluation process, we selected GoldenSource EDM for its flexibility and enterprise scale to meet the needs of ASX’s growing operations and to enable further innovation in our market.”

“The GoldenSource EDM platform will serve as critical infrastructure to address the business priorities of a distinguished market operator, clearing house and settlement facility,” says Neill Vanlint, MD of EMEA and APAC Client Operations, GoldenSource. “ASX marks our second major customer in Australia. As GoldenSource continues to build momentum in Australia, we believe investment in data management capabilities will deliver additional benefits to the market and financial system.”

Related content

WEBINAR

Recorded Webinar: Getting ready for Sustainable Finance Disclosure Regulation (SFDR) and ESG – what action should asset managers be taking now?

Interest in Environmental, Social and Governance (ESG) investment has exploded in recent years, bringing with it regulation and a requirement for buy-side firms to develop ESG strategies and meet disclosure obligations. The sell-side can help here by integrating ESG data with traditional financial information, although the compliance burden remains with asset managers. The EU Sustainable...

BLOG

Reformis Adds Matrix IDM and NeoXam to Vendor Partner Programme

Reformis, a buy-side business transformation consultancy, continues to build out its vendor partnership programme with the addition of Matrix IDM’s cloud native data management software, and NeoXam’s Impress reporting solution. These join the company’s list of existing partners and products including IHS Markit’s EDM software, Snowflake’s cloud data platform, and Compliance Solution Strategies’ Accudelta product....

EVENT

LIVE Briefing: ESG Data Management – A Strategic Imperative

This breakfast briefing will explore challenges around assembling and evaluating ESG data for reporting and the impact of regulatory measures and industry collaboration on transparency and standardisation efforts. Expert speakers will address how the evolving market infrastructure is developing and the role of new technologies and alternative data in improving insight and filling data gaps.

GUIDE

Impact of Derivatives on Reference Data Management

They may be complex and burdened with a bad reputation at the moment, but derivatives are here to stay. Although Bank for International Settlements figures indicate that derivatives trading is down for the first time in 10 years, the asset class has been strongly defended by the banking and brokerage community over the last few...