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 Offers Hosted Enterprise Data Management Platform

Subscribe to our newsletter

GoldenSource is back in the off-the-shelf solutions market with a hosted version of its enterprise data management (EDM) platform. The company released the first in a planned series of packaged applications, the GoldenSource Insight dashboard, earlier this month.

GoldenSource OnDemand, like the packaged products, is a response to increasing cost pressure in the market and a desire among financial firms to drive down cost while improving operational efficiency.

The hosted platform is powered by the company’s EDM software and includes all aspects of the EDM suite, allowing customers to select the options that meet their needs, whether they are planning a small tactical project or an enterprise-wide data consolidation effort. The service operates over a single web connection and is delivered through the GoldenSource private cloud based at a Tier III data centre managed by Fujitsu Americas.

According to Stephen Engdahl, senior vice resident of product strategy for GoldenSource, “The drivers for GoldenSource OnDemand are firms’ requirements for better risk data for risk analysis, the need to manage regulatory pressure and the need to improve operational efficiency.

“Banks see no easy money on the revenue side, so they are taking a close look at their expenses with a view to making a contribution to the bottom line. Using OnDemand means they don’t have to hire and train an IT team, and they don’t need a project team when a new regulation comes along as part of the service is about accommodating change in the market.”

GoldenSource OnDemand has been tested and used in-house for the best part of this year and is available immediately as a fully ready customer solution. Engdahl says customers running GoldenSource data management products in-house can migrate to the outsourced service with ease, while it is also possible to take the reverse route from outsourcing to in-house deployment.

The cost of the outsourced service is based on the scope of use of the EDM platform and is charged on a monthly basis. Early clients are expected to be among banks and asset managers addressing operational efficiency, and among hedge funds that choose not to run in-house IT systems.

Engdahl says the implementation of OnDemand, including a couple of data sources, can be achieved in weeks, not months, and adds: “OnDemand gives users operational efficiency from day one and delivers value in just a few months.”

Looking forward, he concludes: “GoldenSource is considering a variety of ways to use OnDemand that connect industry focus to the platform. For example, we could help firms deal with the legal entity identifier, perhaps by mapping it to other codes and gradually replacing them.”

Subscribe to our newsletter

Related content

WEBINAR

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

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 media posts, news articles and sustainability and company reports – that were all but...

BLOG

Data Standards Bring Many Gains (If You Have the Right Setup): Webinar Review

Standards and identifiers are helping to improve the quality of data used by capital market participants, but organisations with legacy architectures are finding it challenging to capitalise on those benefits, according to polls by A-Team Group. Half of respondents to surveys held during a recent A-Team Group Data Management Insight webinar said that data standardisation...

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...