About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

GoldenSource Develops Packaged Solutions for Data Management Tasks

Subscribe to our newsletter

GoldenSource is responding to market demand for quick and easy to use data management solutions with out-of-the-box products. The company’s first packaged product is GoldenSource Insight, a real-time graphical dashboard and data visualisation solution powered by Information Builders’ WebFocus platform and pre-configured with chart and report templates that integrate with the company’s enterprise data management (EDM) platform.

The dashboard is designed for both business and operational users, and provides functionality including exposure analysis for real-time views and reports of risk and exposure, exception management for fast assessment of potential problems and quick fixes, and data governance for consolidated views of data quality, coverage and completeness. Information can be sliced and diced, and users can take action on information by drilling through to the GoldenSource EDM platform. They can also use the dashboard remotely, perhaps creating reports for customers on an Apple iPad.

According to Stephen Engdahl, senior vice resident of product strategy for GoldenSource, “Operations and executive staff require self-service capabilities to get answers to their questions about exposure, data quality and governance. GoldenSource Insight provides a clear, easy way for business users to effectively analyse processes, positions and risks, which improves transparency and enables many regulatory requirements to be met efficiently.”

GoldenSource has long offered enquiry tools for the EDM platform, but went to market early this year in search of a vendor that could underpin a dashboard approach to data management. It selected Information Builders as WebFocus uses architecture that is in line with its own, the platform met all requirements and as a global company Information Builders can support GoldenSource wherever it has presence. The outcome of the selection is an agreement allowing GoldenSource to embed and resell the WebFocus product. GoldenSource started building Insight in March, tested it in June and took it to market at the end of August.

Engdahl says both existing clients and GoldenSource EDM prospects are interested in the dashboard and while none have yet signed up he expects early clients to be among asset managers and banks that have strong operational practices around data. With one packaged solution in the market and indications that GoldenSource will soon offer a hosted version of the EDM platform, Engdahl suggests more packaged products will be released this year, some as early as later this month.

Subscribe to our newsletter

Related content

WEBINAR

Upcoming Webinar: The roles of cloud and managed services in optimising enterprise data management

Date: 14 May 2024 Time: 10:00am ET / 3:00pm London / 4:00pm CET Duration: 50 minutes Cloud and managed services go hand-in-hand when it comes to modern enterprise data management (EDM), but how can the best solutions for the business be selected and implemented to ensure optimal data management based on accurate, consistent, and high-quality...

BLOG

Snowflake and NVIDIA Expand Collaboration to Accelerate AI Productivity in Data Cloud

Snowflake and NVIDIA have expanded an existing collaboration by bringing together the full stack of the NVIDIA accelerated compute platform with Snowflake’s Data Cloud data foundation and secure AI. The result, a combination of computing power and infrastructure designed to accelerate AI productivity. The expansion builds on Snowflake and NVIDIA’s previously announced NVIDIA NeMo integration...

EVENT

TradingTech Briefing New York

Our TradingTech Briefing in New York is aimed at senior-level decision makers in trading technology, electronic execution, trading architecture and offers a day packed with insight from practitioners and from innovative suppliers happy to share their experiences in dealing with the enterprise challenges facing our marketplace.

GUIDE

Best Practice Client Onboarding

Client onboarding is central to the success of banks, yet it continues to present challenges and the benefits of getting it right are difficult to achieve. The challenges arise from siloed systems, manual processes and poor entity data quality. The potential benefits of successful implementation include excellent client experience, improved client acquisition and loyalty, new business opportunities, reductions in costs, competitive advantage, and confidence in compliance.