Customers & Counterparties
GoldenSource Customers & Counterparties is a global master application (s) for customer and counterparty data. The solution creates, maintains and publishes a standardized reference data repository for all customer and counterparty data. It can be used for the management of customer data and counterparty data on an integrated basis, or it can be used for customer and counterparty data separately.
The application captures legal entity, corporate hierarchy, credit and operational information and can link instrument and entity information for comprehensive risk and exposure management, as well as compliance and regulatory imperatives.
- Supports the creation and maintenance of a single view of client / counterparty data sourced from multiple systems.
- Supports the audit, control and management of all client related information. Any links, hierarchies, and other relationships that may exist between customer or counterparty entities are fully transparent.
- Can be deployed as the central client data repository to support Know Your Client (KYC), Anti-Money Laundering (AML) and client on-boarding workflows.
- Can be deployed as the central counterparty data repository to support Standing Settlement Instructions (SSIs), Anti-Money Laundering (AML), multiple industry classification schemes (SIC, GICS) as well as internal and external credit ratings.
- The full Data Lifecycle is supported, including data acquisition, data cleansing, data normalization, data validation, data enrichment, and data distribution.
- Supports data administration, workflow, business activity monitoring, and exception management capabilities. Unique real-time golden copy and completeness functions allow a flexible delivery of the right data at the right time to the right audience.
- Based on the single normalized GoldenSource Datamodel that enables new capabilities to be added or existing ones extended without the constraints encountered with ad-hoc or application-coupled data models.
- Integrated data on the relationships between issue and issuer, corporate hierarchies, credit ratings and business exposure is available to any operational or financial control application.
- Built on a robust high-availability and real-time architecture which is cost-effectively scalable. Open-based and easy to integrate and maintain.
- GoldenSource Connections make it easy to access standard content from external sources. Pre-configured Connections to leading data vendors (Dun & Bradstreet, CounterpartyLink, and others) speed up integration, reduce project risk and reduce implementation timeframes.