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 Partners Options to Extend Reach of OnDemand Managed Service

Subscribe to our newsletter

GoldenSource has extended its relationship with managed service and IT infrastructure provider Options to ensure it can meet growing global demand for the managed service version of its enterprise data management (EDM) solution. The company already uses Options’ Momentum managed application and hosting solution to support GoldenSource OnDemand, but has reinforced its partnership to deliver the managed service on a wider geographic scale and in line with local regulatory requirements.

Neill Vanlint, global head of sales and services at GoldenSource, explains: “Our managed services business has grown steadily over the past two years, but as managed services become a global phenomenon and emerging markets want to use them straight away, we need global presence that is compliant with local regulations. To build that ourselves would be a massive task, so we looked for a partner with global capacity, local compliance and capability in cloud services for financial services.”

The company considered all the major cloud services, including options such as Amazon Web Services and Microsoft Azure, but found them too general and lacking in maturity to meet the needs of financial services firms. It selected Options’ private cloud solution on the basis of its global locations, local compliance and financial services client base.

The Options and GoldenSource partnership is up and running, with Options providing and managing hardware, operating systems and a database management system, and GoldenSource managing the application layer. The combined solution’s flexibility means firms can run hybrid operations with some data management in the cloud and some on premise, while the ability to flex processing capacity means firms can set up additional operational or development environments relatively quickly and easily.

An early adopter of the solution is an unnamed New York based investment and wealth management firm that is using the managed EDM service to support its client and counterparty onboarding. Vanlint says Tier 2 and smaller organisations are increasingly moving towards managed services and expects more than half of the company’s new business and some existing GoldenSource users to opt for managed services over the next year.

As well as extending its managed services, GoldenSource is working on the next release of its EDM product. The release will be available mid-year and is designed to improve the user experience and reduce reliance on IT by allowing users to configure their own process rules and use dashboards to measure data quality.

Subscribe to our newsletter

Related content

WEBINAR

Upcoming Webinar: Unlocking value: Harnessing modern data platforms for data integration, advanced investment analytics, visualisation and reporting

4 September 2025 10:00am ET | 3:00pm London | 4:00pm CET Duration: 50 Minutes Modern data platforms are bringing efficiencies, scalability and powerful new capabilities to institutions and their data pipelines. They are enabling the use of new automation and analytical technologies that are also helping firms to derive more value from their data and...

BLOG

Scalability the Keyword Behind S&P Global’s Enriched iLEVEL

S&P Global Market Intelligence’s update to its iLEVEL private markets data tool has been designed to enable firms to scale their engagements in private markets. The financial data company is betting that financial institutions’ growing engagement in these markets is such that they will need the sort of data provisions associated with public markets. S&P...

EVENT

RegTech Summit New York

Now in its 9th year, the RegTech Summit in New York will bring together the RegTech ecosystem to explore how the North American capital markets financial industry can leverage technology to drive innovation, cut costs and support regulatory change.

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...