Category: 2005 Press Releases

The renaming of the company more accurately reflects the company's long-term heritage of providing data centric solutions and its unique ability to solve some of the industry's biggest challenges in deploying global EDM platforms. The new name also aligns the company with its recently unveiled GoldenSource Enterprise™ product suite, which provides a single source of trusted data, on a real-time, integrated platform.

The data management and business solutions delivered under the GoldenSource brand are a result of $250M in research and development investments over the 20-year lifetime of the company. GoldenSource is successfully in production at many leading global financial services firms and is deployed in multiple lines of business including: investment banking, broker-dealer, asset management, private banking, wealth management, depository, custodial and securities services operations.

GoldenSource transforms a financial institution from multiple disparate master files and incompatible systems into an integrated financial enterprise, without the costly replacement of legacy systems. Customers benefit from a system that standardizes, repairs, stores and aggregates data from both disparate market data vendors and a multiplicity of silo transaction systems. As a result, GoldenSource becomes the "single source of truth" for a company’s securities (products), customers, counterparties, positions and transaction data.