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

Recorded Webinar: How to simplify and modernize data architecture to unleash data value and innovation

The data needs of financial institutions are growing at pace as new formats and greater volumes of information are integrated into their systems. With this has come greater complexity in managing and governing that data, amplifying pain points along data pipelines. In response, innovative new streamlined and flexible architectures have emerged that can absorb and...

BLOG

Bloomberg Debuts Real-Time Events Data Feed

Bloomberg has broken new ground with the release of its Real-time Events Data solution, which it says will help financial institutions make better decisions faster, based on the most accurate and timely information. The US financial data and technology behemoth has leveraged its real-time streaming API connectivity to provide subscribing clients with data from earnings...

EVENT

TradingTech Summit London

Now in its 14th year the TradingTech Summit London brings together the European trading technology capital markets industry and examines the latest changes and innovations in trading technology and explores how technology is being deployed to create an edge in sell side and buy side capital markets financial institutions.

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...