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Faced with new risk management, regulatory, and KYC requirements, financial firms are turning to GoldenSource's new data warehouse solution. This recently introduced position repository helps firms consolidate all of the data required for risk, performance and compliance functions into a single place and compile cost effective, accurate and comprehensive end-of-day reports. GoldenSource has already won two new clients with around $500 billion in assets, competitive wins over competitors like Eagle and Asset Control.
The article quotes extensively from an interview with Mike Meriton, CEO of GoldenSource. "The only way to succesfully unwind a portfolio or measure systemic risk is to have one common data repository across an organisation."
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