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| GoldenSource market leadership recognised in Financial News Tech21 list |
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| Tuesday, 24 November 2009 | ||
| Financial News | ||
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GoldenSource has been recognised as a leading innovator in financial markets technology by Financial News in its 4th annual Tech 21 list of innovators and market leaders for the 21st century. GoldenSource was chosen for responding to market conditions with innovative products for derivatives, pricing and risk management. The company launched GoldenSource for Derivatives in March, expanding the capability of its centralised warehousing approach. It also upgraded pricing features on its award-winning enterprise data management platform and improved the integration of reference and market data. Financial News concluded in its report that GoldenSource is regarded by clients and consultants as offering "the best mix of functionality, architecture and domain expertise" of specialist data management providers. "Risk management is top of the agenda and the core of all risk management is the underlying data. Being able to manage more complex instruments and assets to uncover risk has become vital to restore trust and improve transparency. In addition, the ability to give asset managers, investment banks, brokers and hedge funds a 360 degree overview of their positions and transactions sets GoldenSource apart," commented Gert Raeves, SVP of strategic business development.
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