The leading knowledge platform for the financial technology industry
The leading knowledge platform for the financial technology industry

A-Team Insight Blogs

GoldenSource Scores Another Client Win With Securities, Positions Deal at OpHedge

Share article

Reference data platform provider GoldenSource Corp. has picked up another client, following a string of implementations and new contracts over the past several months.

The new addition is fund operations and administration service provider OpHedge Investment Services, which has licensed the GoldenSource Securities & Products and GoldenSource Positions modules. OpHedge hopes the GoldenSource platform will help it consolidate its company-wide data systems and establish a reference data standard across the enterprise.

According to Jeff Li, chief technology officer at OpHedge, “GoldenSource solutions allow us … to achieve the same level of functionality as global financial institutions. Our clients demand this type of investment in our capabilities.” OpHedge, based in Rye Brook, N.Y., provides middle- and back-office solutions to the alternative investment management industry.

GoldenSource Positions and GoldenSource Securities & Products are two of the company’s so-called enterprise data management (EDM) product offerings.

Positions focuses on tapping proprietary data residing in multiple systems across the firm, while Securities & Products offers a centralized data management platform for reference data.

This is the latest in a string of new business for Goldensource. Recent client wins include CIBC World Markets, Aozora Bank of Japan and HSBC.

The company, along with SunGard and IBM, led the development of the EDM Council last year and recently installed former FISD chief Mike Atkin as managing director of the group.

Related content

WEBINAR

Recorded Webinar: How to leverage the LIBOR transition to improve your data management game

The transition away from LIBOR (London Interbank Offered Rate) is well underway, but there remains considerable ambiguity around how the final stages will be executed – especially with regards to benchmark replacements in markets outside the UK. What are the options, where are the uncertainties and what stage have firms reached in their preparations? The...

BLOG

Life After LIBOR – Keep Calm and Cover Your Contracts

The use of LIBOR is drawing to a close – but will you be a winner or a loser when it comes to dealing with the data management fallout from the transition? The move away from the  world’s most widely-used interbank rate is raising all sorts of data challenges – and with considerable ambiguity remaining...

EVENT

RegTech Summit Virtual

The RegTech Summit Virtual which took place in June 2020 was a huge success with over 1,100 delegates registered. We are currently working on our plans for 2021 and we hope to be back with an in-person event. Whatever the future holds you can guarantee our 2021 event will be back with an exceptional guest speaker line up of Regtech practitioners, regulators, start-ups and solution providers to collaborate and discuss innovative and effective approaches for building a better regulatory environment. Can't wait until 2021? make sure you sign up to our RegTech Summit Virtual, November 2020. More info...

GUIDE

Risk & Compliance

The current financial climate has meant that risk management and compliance requirements are never far from the minds of the boards of financial institutions. In order to meet the slew of regulations on the horizon, firms are being compelled to invest in their systems in order to cope with the new requirements. Data management is...