GoldenSource provides data management solutions which strikes a balance between maturity, stability and flexibility. The Enterprise Data Management (EDM) and Master Data Management (MDM) solutions provider enables financial institutions to strategically manage all of their important data sets from a single platform. Headquartered in New York, NY, GoldenSource’s software, services, and expertise make it easy for financial institutions to manage risks, comply with regulatory requirements, control costs and take advantage of new business opportunities.
Built on the industry leading financial data model, GoldenSource’s flexible data management infrastructure ensures critical data is complete and consistent. Its products source, standardize, validate and deliver mission critical market, reference, customer, position and transaction data to the people and systems that need it, such as trading, compliance, risk management, settlements, and accounting. GoldenSource also maintains connections to major suppliers of market and reference data as well as interfaces with any application that needs to receive trusted reference data.
GoldenSource is one among the few companies in the EDM sector that pioneered the move to managed services and SaaS. “We have built out infrastructure and seen success, as many clients are interested in outsourcing infrastructure and application management and in licensing on a SaaS basis,” he adds. The firm’s SaaS based solution, known as GoldenSource OnDemand, delivers accessible and streamlined EDM and MDM capabilities to financial institutions looking to reduce costs, enhance operations and concentrate on their core business. It runs in the secure, client-dedicated, GoldenSource Private Cloud and operates as an extension of the client’s own IT infrastructure.
We are happy if a customer wants to license software, have a subscription and use on term license basis and wants us to host delivery and management on SaaS
GoldenSource clients include investment banks, broker dealers, asset and wealth managers, hedge funds, securities services firms, exchanges, and government entities, of all sizes. Recent client success stories include international investment bank Mizuho Financial Group, the Australian Securities Exchange (ASX) and a leading American hedge fund.
According to Eley, going forward, The company will continue to balance the platform with stability and nimbleness that will allow flourishing a successful business.