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 Packages EDM Components to Deliver Centralised Entity Master

Subscribe to our newsletter

GoldenSource has pulled together components of its enterprise data management (EDM) product set to deliver a single, centralised entity master. The entity data solution is part of GoldenSource EDM Version 8.5 and combines technologies already on the EDM platform with a new presentation layer, additional feed handlers and rules and workflows for entity data management.

GoldenSource says some of its customers have created their own entity masters using components in previous releases of the EDM platform, but it has now packaged and augmented the components to deliver a plug-and-play entity data management solution that is Legal Entity Identifier (LEI) ready and can support entity hierarchies. GoldenSource EDM Version 8.5, including the entity data repository and management tools, was released on June 30, 2014 and can be deployed on premise, or provided via the company’s OnDemand managed service.

Neill Vanlint, global managing direct at GoldenSource, says: “Many institutions keep entity data in different places and use different identifiers for it. The arrival of the LEI is forcing a change to how entities are identified and allows organisations to better understand counterparty exposure. Rather than digging up the road to fix entity data in several places, we can offer a single entity data master that can stand alone as part of a firm’s infrastructure and link to other parts of the infrastructure that need entity data. Over time, it will be possible to build a superset of entity data and include hierarchy data that can be managed once rather than several times.”

While drivers behind a centralised entity data repository include cost savings, improved efficiency, data standardisation and better data quality, Vanlint says one knock-on effect of client on-boarding requirements is business and regulatory pressure to move to centralised entity data management, an end result that is further supported by data vendors delivering a growing number of entity data products.

Subscribe to our newsletter

Related content

WEBINAR

Upcoming Webinar: Streamlining trading and investment processes with data standards and identifiers

3 June 2025 10:00am ET | 3:00pm London | 4:00pm CET Duration: 50 Minutes Financial institutions are integrating not only greater volumes of data for use across their organisation but also more varieties of data. As well, that data is being applied to more use cases than ever before, especially regulatory compliance and ESG integration....

BLOG

The Data Year Ahead: AI Reality Check and New Skills Needed

If 2024 was the year when artificial intelligence (AI) came to the fore in data management, the next 12 months could see its spread ebb as financial institutions take a reality check and slow the frenetic pace of adoption. That, at least, is one of the many predictions for the new year from of a...

EVENT

Data Management Summit New York City

Now in its 15th year the Data Management Summit NYC brings together the North American data management community to explore how data strategy is evolving to drive business outcomes and speed to market in changing times.

GUIDE

AI in Capital Markets: Practical Insight for a Transforming Industry – Free Handbook

AI is no longer on the horizon – it’s embedded in the infrastructure of modern capital markets. But separating real impact from inflated promises requires a grounded, practical understanding. The AI in Capital Markets Handbook 2025 provides exactly that. Designed for data-driven professionals across the trade life-cycle, compliance, infrastructure, and strategy, this handbook goes beyond...