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 Releases Version 8 of its EDM Suite

Subscribe to our newsletter

GoldenSource, booth # 3109 has released version 8 of its EDM platform, which the vendor says offers advanced functionality for managing business risk, particularly in high risk areas such as corporate actions, pricing and data quality.

Version 8 is built around a standards-based J2EE application server framework, thus making it easier to configure, integrate and deliver than previous incarnations. The EDM vendor believes the solution provides customers with scalability, security and high availability out-of-the-box.The updated platform features a new set of preconfigured connections to content providers, including Bloomberg Extended, Fidelity ActionsXchange’s ActionService ISO 15022, Interactive Data’s ISO 15022, S&P’s GICS Direct, Fitch Ratings’s Enhanced RDS and Reuters DataScope’s DS Select. There are also a number of data quality upgrades focused on: improving matching and exception management in the area of corporate actions notifications; pricing capabilities for validating vendor data and handling exceptions; and flexibility in the definition and management of data completeness. Accordingly, version 8 allows different consumers to specify their critical data attributes in a non-linear manner. Tom Stock, senior vice president of product management at GoldenSource, explains: “We’ve made the technology firepower even easier and more accessible for data professionals to use, really helping them to own the process, drive data quality and interact with the data flow at a business level.”As well as functional alterations, the new version includes technical advancements such as a workflow-oriented and SOA-enabled architecture. These technical adjustments allow rapid deployment of end-to-end data management solutions via a graphical configuration interface. The vendor has also improved the system management interface in an attempt to provide easier and faster implementation and production management.All configuration tasks are carried out in a standards-based Eclipse framework, and GoldenSource believes this will dramatically increase the transparency and auditability of business processes, as well as reduce the time to market for implemented EDM solutions. “A user-friendly interface design, focus on flexible and standards-based workflow, as well as preconfigured connections to specialised vendor data products, make it possible to get data management out of the IT realm and firmly under the control of the business,” contends Stock.

Subscribe to our newsletter

Related content

WEBINAR

Upcoming Webinar: Strategies and solutions for unlocking value from unstructured data

27 March 2025 11:00am ET | 3:00pm London | 4:00pm CET Duration: 50 Minutes Unstructured data accounts for a growing proportion of the information that capital markets participants are using in their day-to-day operations. Technology – especially generative artificial intelligence (GenAI) – is enabling organisations to prise crucial insights from sources – such as social...

BLOG

Zema Global Chief Girds for Soaring Demand for Energy Data

Since its acquisition of Morningstar’s commodity information business late last year, energy industry intelligence provider Zema Global has become an important data feed for financial institutions that invest in the net-zero transition and to those trading in renewables, biofuels and fossil fuels. The transaction was a prescient one. While the Colorado, US-headquartered company has been...

EVENT

AI in Capital Markets Summit New York

The AI in Capital Markets Summit will explore current and emerging trends in AI, the potential of Generative AI and LLMs and how AI can be applied for efficiencies and business value across a number of use cases, in the front and back office of financial institutions. The agenda will explore the risks and challenges of adopting AI and the foundational technologies and data management capabilities that underpin successful deployment.

GUIDE

Regulatory Data Handbook 2024 – Twelfth Edition

Welcome to the twelfth edition of A-Team Group’s Regulatory Data Handbook, a unique and useful guide to capital markets regulation, regulatory change and the data and data management requirements of compliance. The handbook covers regulation in Europe, the UK, US and Asia-Pacific. This edition of the handbook includes a detailed review of acts, plans and...