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| Addressing Data Integration to Support Risk Management at FIMA 2008 |
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| London, Friday, 07 November 2008 | ||
| [Media Release] | ||
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FOR IMMEDIATE RELEASE: GoldenSource Corporation, a leading provider of Enterprise Data Management (EDM) solutions, is participating for the 5th consecutive year at FIMA 2008 in London. FIMA is the unrivalled networking event attracting 400 senior IT and business executives interested in data management solutions that deliver operational efficiency, risk monitoring and compliance. Hot topics at this year’s conference are improvements in derivatives processing, customer and counterparty exposure management and identifying the best processes, technologies and data governance methods. Where: FIMA 2008, Olympia Conference Centre, London, UK When: Wednesday, 12th and Thursday 13th November 2008. Why: Financial Services firms need to create a solid foundation of counterparty reference data, manage risk groupings and legal entity hierarchies, and create a 360-degree view of accounts and activities in order to be more effective. The credit crisis highlighted that data quality and its continual availability from a centralized platform are critical to controlling risk, demonstrating timely compliance, and providing high quality customer service. The increasing pressures of AML and KYC regulations require firms to prove that they have a documented and auditable data management process. What: GoldenSource works in partnership with a number of third party specialists and data providers, also at FIMA 2008, to deliver an integrated centralized data management layer that acquires, validates and distributes a firm's 'golden copy' data to where it is needed when it is needed. In particular, GoldenSource and Avox, the business entity data specialist, will be showcasing how the Avox business entity data service can easily be integrated with the award winning GoldenSource EDM platform, linking a validated legal entity record with all available corporate hierarchy data and related instruments and securities. GoldenSource experts will highlight how many of its customers use GoldenSource EDM solutions to tackle today's pressing operational and regulatory challenges such as client on-boarding, customer/counterparty exposure management and real-time consolidated positions validation and consolidation. Press note: Neill Vanlint and Gert Raeves are available for press interviews and briefings while onsite at FIMA. Please contact Katie Horex at Metia to schedule a time. * * *
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