| GoldenSource Discusses Data Warehouse Strategies to Support Risk Management and Reporting at TSAM 2011 |
|
|
|
| Thursday, 03 March 2011 | ||
|
GoldenSource Corporation, a leading provider of Enterprise Data Management (EDM) solutions, will be speaking at Technology Solutions for Asset Managers (TSAM) Europe 2011. On March 8 at 16:15pm, Tom Stock, SVP of product management at GoldenSource, will discuss how a data warehouse can help asset managers achieve a single, consolidated view of their customers’ portfolios and easily adapt to evolving regulatory requirements. To illustrate this in practice, he will highlight three case studies illustrating how a data warehouse has helped disparate buy-side firms with their risk management practices. Tom will also describe the key features the buy side should look for when preparing to upgrade their internal systems ahead of upcoming regulations to ensure full compliancy and auditability, and discuss implementation strategies and the advantages of a phased approach. He will then outline how the data warehouse fits into an overall risk data management strategy in the context of business issues such as the effect of poor quality data and managing mergers and acquisitions. “Reporting and analysis are two of the most critical components of upcoming regulations Basel III, MiFID II and Solvency II. Buy-side firms have traditionally struggled to consolidate position and transaction data, having to build costly proprietary warehouses or make do with disparate systems. The challenge then is mapping and linking the data from individual business silos to comply with the new initiatives,” said Tom.
|