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| GoldenSource Takes On Dicey Pricing Issues |
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| Wednesday, 09 September 2009 | ||
| Wall Street & Technology Online | ||
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Rules and processes for valuing hard-to-price instruments - and visibility and auditability into those rules and processes - have been built into the company's enterprise data management software. Penny Crossman quotes Tom Stock, senior vice president. "The regulatory frameworks that are starting to emerge as a result of last year's market collapse are putting more emphasis on pricing — how do you know the values of the assets on your balance sheet are correct? Or the asset values you're plugging into risk models or passing on to clients via client statements? How were those prices derived and is there visibility and the ability to audit that data so that you can at any point in time see where that information came from and what validation routines were used to ensure that that was good, clean data." For the full article - click the link
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