The difficulty firms have understanding their exposure to their counterparties was one of the most serious problems highlighted during the financial crisis. Years after the financial crisis and in spite of stringent regulatory developments, counterparty reporting and entity data quality continue to be major concerns.
The challenge is that entity-to-entity relationships are increasingly complex: corporate entities can be Issuers of securities, trading counterparties and also institutional customers. How can a firm get a clear overview of its client relationships when they are stored in such a fragmented way?
The GoldenSource Entity Master is the only Master Data Management (MDM) platform to manage instrument, counterparty and issuer data on a single platform.
By linking a single entity to its various roles and identifiers, efficiency and accuracy are achieved. Financial institutions have a clearer understanding of the relationships between their customers and counterparties.
Our solid entity master accessed via the LEI is the foundation for understanding exposure to specific entities, including improved visibility and more rigorous risk management practices.
This unified approach to entity management facilitates data standardization and cross-referencing, resulting in:
With ESG and sustainability driving a great deal of research, reporting and investment analysis, straightforward and accurate matching of legal entities with ESG data or scores is becoming critical. GoldenSource Entity Master is ESG enabled, meaning it supports matching and mastering of ESG data.