Independent research house Bloor Research has pronounced Syn~ReferenceData the first generic reference data software product. Syn~ReferenceData, developed by Coexis, offers a process-oriented and rules-based approach for describing and modeling how a business works, defining the rules that describe operations, and setting up role-based personalization to provide local access to data. With Syn~ReferenceData, a golden copy is stored centrally but used locally and personalized to the needs of individual users and applications. As well as the reference data itself, business processes are created which define how Syn~ReferenceData manages, stores and routes reference data and modifications, instigates other processes or requests authorization or human intervention. Tokyo-Mitsubishi International (T-MI) uses Syn~ReferenceData and has successfully moved from zero to 95% STP for cash equities.
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