A strategic priority

Clean, consistent, timely, and efficiently managed reference data is the essential component of every securities and asset management process. Any problems with the core reference data ripple throughout the enterprise, increasing cost and risk while jeopardizing service reputation. Regulation and competition within the securities and investment management industry are forcing traditionally product-centric and product-siloed firms to adopt a centralized data management approach.

What is Enterprise Data Management (EDM)?

The process required to enable disparate data sources to share information from a centralized platform is often referred to as enterprise data management (EDM). The GoldenSource EDM solution delivers all the reference data needs of a capital market's firm on a single integrated data consolidation platform. We help customers’ transition from disparate silo data environments to consolidated enterprise-wide business views to support operations and decision-making.

Benefits:

• Reduce data sourcing costs by automatically integrating third-party data
• Eliminate much of downstream need for validation and exception management, saving time and administrative cost
• Reduce the incidence of failed trades
• Protect from regulatory risk
• Speed identification of cross- or up-selling opportunities
• Support entry into new markets, regions or product categories while re-using the same EDM reference data architecture
• Support product innovation
• Build an accurate picture of risk and opportunity across the enterprise
• Integrate data from acquisitions without the need to change operational systems and processes – driving value from the acquisition

The GoldenSource EDM Suite is unique in offering the ability to clearly identify and manage data relating to product, entity and business activity in discrete but integrated components.