In a move to position itself for the next generation of enterprise data management (EDM) as a service, GoldenSource has named former Pivot chief John H Eley as CEO. Eley replaces Mike Meriton, who has led GoldenSource since January 2002 and remains at the firm as vice chairman with a remit to capitalise on growth opportunities such as shared global data utilities and strategic partnerships.
Meriton says: “GoldenSource is accelerating to take advantage of new strategic partnership opportunities in this growing market. I am pleased to help position GoldenSource to lead mass adoption of EDM as the market expands.” Initiatives expected from GoldenSource include a shift in strategy towards cloud technology for EDM and a partnership with IBM that will make the company IBM’s EDM provider in financial markets. IBM was once the owner of Financial Technologies Inc, now known as GoldenSource.
In the role of CEO at GoldenSource, Eley takes on responsibility for all aspects of the company’s business. Eley has 25 years’ experience in capital markets and was most recently CEO of Pivot, the provider of an instant messaging platform that was acquired by CME Group in July 2012. He was previously CEO at Hotspot FX.
Commenting on his appointment, Eley says: “It is exciting to join GoldenSource at this transformational time in the EDM market. GoldenSource is unique in its ability to power both financial institutions and shared utilities with an integrated 360 EDM solution combining instrument, entity and transaction data on a single platform. I look forward to leading the company in its next phase of growth.”