GoldenSource Accounting

GoldenSource Accounting is a real-time financial information platform for analyzing and forecasting the consolidated accounting impact of transaction activity on your customers and business.

GoldenSource for Accounting continuously creates management information from the ongoing flow of transactions that your front, middle and back office systems produce in a 24/7 operation. It enables you to post in a multi-currency environment securities and cash positions, gains and losses, payables, receivables and more for customers, counterparties, funds, products, traders, investment managers and legal entities. These postings support fully informed compliance, credit monitoring as well as cash and investment exposure management as of the most recent transactions.

Key Features

• Configurable Rules Driven Engine
• Faciliates processing and accounting of marketable and non-marketable instruments
• Sub Ledger
• Journal Entry Processing
• Multi-currency, entity, product, location, and time zone
• Trade Date Accrual and/or settlement day cash bases accounting
• Maintain multiple cost/carry values
• Realized and unrealized gains and losses
• Amortization and Accretion
• Valuations and income accruals
• Manual adjustments
• Full "as-of" and reversal processing including adjustments for subsequent activity
• Point in time history retrieval
• Encumbrances - restrictions on collateral, stock loan, and derivative supported investments
• Short Sale Processing
• Ad hoc query capability
• Ability to store data in multiple language
  
  

Benefits of GoldenSource Accounting

• Easily add new products and business lines
• Construct consistent P&L across the enterprise using standardized prices and FX rates
• View firm wide P&L across a number of different dimensions
• Efficiently maintain consistent data between the GL and other reporting and analysis systems
• Reduce both the number and complexity of reconciliations that need to be done between multiple operational systems
• Only the GoldenSource Accounting solution has the chart-of-accounts structure, real-time multi-product line securities accounting functionality, data model, and scalability to fully meet the needs of global securities firms.