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Sydney, 9 February 2017 – GoldenSource, the leading independent provider of Enterprise Data Management (EDM) and Master Data Management (MDM) solutions for the securities and investment management industry, announced today that the Australian Securities Exchange (ASX) will use its latest technology to fully automate the creation and rollovers of approximately 20,000 futures and options contracts annually.

The contracts will be created and published on intra-day, weekly, monthly and quarterly cycles depending on the asset class. All ASX's new equities and futures listings are now automatically published to multiple operational and test systems, removing manual maintenance by four operations teams.The move is part of ASX's Futures Contract Maintenance Automation (FCMA) project, which will make it easier to manage complex derivatives contracts.

During a recent production run, more than 3,300 records were automatically listed over three separate environments. Previously this would have involved manual triple keying into different systems, so this is a significant efficiency gain.

ASX, which has been using GoldenSource software since mid-2012, aims to reduce maintenance costs and risk, as well as speed up new product development through this latest enhancement.

"It's a great achievement that the go-live has gone so smoothly, considering that the upgrade was implemented simultaneously with a major increase in functionality,” said Neill Vanlint, Managing Director, of EMEA and Asia at GoldenSource. "With no signs of slowdown in the creation of new derivatives contracts, increasing automation is key to solving the maintenance overhead issues facing the majority of exchanges today.”

The implementation represents a significant increase in GoldenSource's footprint at ASX, and is the latest step towards the exchange consolidating its reference data platforms.

About Australian Securities Exchange

More information about ASX can be found here: www.asx.com.au

About GoldenSource

GoldenSource's software, services and expertise enable firms in the financial markets to manage risks, comply with regulatory requirements, and control costs in the middle and back office with a trusted source of complete, consistent information. Its products source, standardize, validate and deliver mission critical market, reference, customer, position and transaction data to the people and systems that need it, such as trading, compliance, risk management, settlements, and accounting. GoldenSource provides automated, enterprise-level processing delivered through a single hosted or on-premise platform, to achieve the highest levels of data quality and operational efficiency.

More information about GoldenSource can be found here: www.thegoldensource.com