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

PolarLake Implements Packaged Ref Data Distribution Solution

Subscribe to our newsletter

Dublin-based integration vendor PolarLake has packaged up a reference data distribution solution, PolarLake RDD, which has already been deployed by a global asset manager. PolarLake RDD is designed to meet the requirement for the distribution of reference data in sell side, buy side, custodian and fund administration businesses, being implemented alongside solutions from EDM vendors like GoldenSource, rather than replacing them, according to PolarLake CEO John Randles.

PolarLake had historically been involved in a number of reference data distribution projects using its core integration platform, including one at JPMorgan, says Randles. “With our most recent client, we jointly developed a business application focused on the needs of reference data distribution. Rather than a toolkit for reference data distribution, this is an off-the-shelf application for business analysts to use to manage data, providing reports and analytics on the quality of downstream data distribution.”

PolarLake has also implemented a patented way of managing business rules more intelligently, enabling it to implement what would have been 10,000 business rules in 1000, leading to a 75 per cent reduction in the time taken for implementation – down to four months from a typical 12 months – and requiring 80 per cent less resource, he says. “For this project we had one PolarLake consultant on site for four months. For typical integration projects the resource requirement would be far greater.”

Randles says PolarLake is not seeking to become an EDM vendor – rather it is “still an integration company providing a specific application for a specific integration requirement”. “Companies like GoldenSource, Eagle, Asset Control and TAP concentrate more on feed capture and cleansing. They don’t specialise in integration but their projects will get bad press if there are integration problems. We sit on top of an EDM solution and take its golden copy and provide the last mile of integration,” he says.
The vendor is also looking to work not only with financial institutions that have implemented commercial reference data solutions, but also those that have built securities master files inhouse, Randles adds.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Mastering Data Lineage for Risk, Compliance, and AI Governance

Financial institutions are under increasing pressure to ensure data transparency, regulatory compliance, and AI governance. Yet many struggle with fragmented data landscapes, poor lineage tracking and compliance gaps. This webinar will explore how enterprise-grade data lineage can help capital markets participants ensure regulatory compliance with obligations such as BCBS 239, CCAR, IFRS 9, SEC requirements...

BLOG

Rethinking Data Management in Financial Services: Virtualisation Over Static Storage

By Thomas McHugh, Co-Founder and Chief Executive, FINBOURNE Technology. In Financial Services (FS), data management has long been centred around traditional database storage. However, this approach is fundamentally misaligned with the nature of FS data, which is process-driven rather than static. The industry needs a shift in perspective – one that prioritises virtualisation over rigid...

EVENT

AI in Capital Markets Summit London

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

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...