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New York - May 10, 2017 - GoldenSource, a leading independent provider of Enterprise Data Management (EDM) and Master Data Management (MDM) solutions for the securities and investment management industry, today announced that Oppenheimer & Co. Inc. (Oppenheimer), a US registered broker-dealer, is using GoldenSource hosted services in connection with its institutional entity data management platform.

Oppenheimer is making operational efficiency a priority for its Anti-Money Laundering (AML) and Know Your Customer (KYC) programs. GoldenSource OnDemand services supports these efforts by linking client data, and related KYC/AML documents and sub-accounts, which facilitates client on-boarding and ongoing data maintenance.

"Oppenheimer is committed to administering a robust and effective AML program. Maintaining a comprehensive and accurate view of our institutional clients is a key component to managing an efficient platform." said Peter Giordano, Managing Director, Oppenheimer.

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, standardise, 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.

For more information, visit: www.thegoldensource.com

For more information contact:

Joe McGurk/Nicole Lombardo Aspectus

+1 646 202 9845

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About Oppenheimer & Co.

Oppenheimer & Co. Inc. (Oppenheimer), a principal subsidiary of Oppenheimer Holdings Inc.

(OPY on the New York Stock Exchange), and its affiliates provide a full range of wealth management, securities brokerage and investment banking services to high-net-worth individuals, families, corporate executives, local governments, businesses and institutions. Certain statements in this release may constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These statements involve a number of risks, uncertainties and other factors that could cause actual results to differ materially, as discussed in the Company's filings with the Securities and Exchange Commission.

For more information, visit: www.opco.com

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