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

A-Team Insight Blogs

GoldenSource Helps Buy and Sell Side Institutions Achieve a Consolidated View of Risk with EDM 8.3.1

Subscribe to our newsletter

For financial firms looking to keep up with recent regulatory reform, GoldenSource Corporation, a leading enterprise data management solutions provider, has today announced the generally available release of EDM Suite version 8.3.1 (EDM 8.3.1). Already successfully implemented with a client through its Powered By program, EDM 8.3.1 consolidates disparate data feeds and provides increased functionality for independent price verification and price scrubbing for more reliable asset valuations. In addition to benefitting from the vendor’s existing golden copy data delivery model, front to back office desks now have greater visibility of end-to-end risk positions, in a user friendly environment.

“With the Dodd-Frank Legislation, creation of the Office of Financial Research (OFR) in the U.S. and similar regulatory reform in other regions, firms are taking a more structured and proactive approach towards risk management,” says Mike Meriton, CEO, GoldenSource. “Achieving a single view of the business is more critical than ever as firms need to look at their current situation and be able to comply with regulations as well as prepare to quickly adapt to requirements of new regulations on the horizon. Mitigating counterparty risk is high on the agenda, and companies need increased access to granular data in order to realize a clear, end-to-end view of risk positions.”

EDM 8.3.1 builds on the workflow and validation tools delivered in EDM 8.2 and links product, customer and counterparty, as well as position and transaction data. As a result risk managers, traders and compliance managers develop a firm wide view of risk including the additional visibility, audibility, and accuracy of data required to meet their exacting regulatory standards.

“Flexibility and control are two lynchpins in minimizing risk and achieving compliance in today’s market,” says Tom Stock, senior vice president of product management, GoldenSource. “Recent financial reforms are driving companies to demand more robust systems that take into account the different criteria and rules sets, as well as different service levels required per downstream consumers of pricing data.  EDM 8.3.1 provides the capability of enhanced rules based on pricing, enabling financial firms to provide additional value to their customers.”

Key enhancements to GoldenSource EDM 8.3.1 include:

  • Independent price validation (IPV), scrubbing and Golden Copy rules on one system – allowing customers to set client specific rules; – with streamlined workflows and connections to independent pricing providers such as MarkIt, SuperDerivatives, Interactive Data;
  • New public finance feeds from Standard & Poor’s and Moody’s, adding government and municipal ratings to the existing corporate ratings;
  • Look through processing – EDM 8.3.1 allows customers to drill through to underlying funds, providing visibility of individual components as well as of direct and indirect holding of a particular security, providing a more accurate view of percentages held to ensure regulatory compliance.

GoldenSource EDM 8.3.1 is available for general use immediately.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Executing the Migration to Cloud to Enable Scalability and Innovation

Cloud-based services and processing have become essential to financial institutions as their data management demands have become more complex and expansive. Thousands of organisations have made the jump from their limited on-premises tech stacks to the near-infinite scalability opportunities of public and private clouds. They have also been motivated by the need to modernise their...

BLOG

Data Reconciliation Hurdles Seen Holding Back Innovation

End-of-day reconciliation processes create data challenges that are constraining buy-side firms from achieving efficiencies from new technologies and AI initiatives. The challenges posed by reliance on long-established reconciliation processes come as the buy-side undergoes a transformation of its operating models to accommodate new data management, investment and settlement strategies. This challenge was highlighted in a...

EVENT

ExchangeTech Summit London

A-Team Group, organisers of the TradingTech Summits, are pleased to announce the inaugural ExchangeTech Summit London on May 14th 2026. This dedicated forum brings together operators of exchanges, alternative execution venues and digital asset platforms with the ecosystem of vendors driving the future of matching engines, surveillance and market access.

GUIDE

Regulatory Data Handbook 2026 – Fourteenth Edition

Welcome to the fourteenth edition of A-Team Group’s Regulatory Data Handbook. Supervisors increasingly expect firms to demonstrate which rules apply, which data supports each obligation, who owns the control and how exceptions are identified and resolved. Policies and implementation programmes must now be supported by records that can withstand regulatory scrutiny. This edition examines material...