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: Optimising fast market data using high performance technologies

You can listen to the recording of this webinar by registering on this page. While the need for speed is no longer the only key requirement of trading, it remains near the top of the agenda with successful firms benefiting from higher fill rates and improved execution quality. So how can this be achieved at...

BLOG

A-Team Group Introduces 2021 Innovation Awards

Here at A-Team Group we have been working hard on plans to celebrate innovative projects and teams with the launch of our A-Team Innovation Awards. The awards are designed to reward teams that have found innovative ways to make use of new and emerging technologies to solve challenges at financial institutions in capital markets. The...

EVENT

Data Management Summit London

The Data Management Summit Virtual explores how financial institutions are shifting from defensive to offensive data management strategies, to improve operational efficiency and revenue enhancing opportunities. We’ll be putting the business lens on data and deep diving into the data management capabilities needed to deliver on business outcomes.

GUIDE

Entity Data Management & the LEI

Just over a year since the Financial Stability Board handed over leadership and direction of the interim Global Legal Entity Identifier System – or GLEIS – to the Regulatory Oversight Committee (ROC) of the LEI the entity identifier is being used for reporting under European Market Infrastructure Regulation. This report discusses recent developments in the...