Panopticon Partners with GoldenSource to Extend Scope of Data Visualization for the Securities and Investment Management Industry
STOCKHOLM and LONDON, November 16, 2010 /PRNewswire/ --
- GoldenSource Incorporates Panopticon's Data Visualization Tools to Establish User-Friendly Front End
Panopticon Software, the leading provider of visual data analysis software for real-time, CEP and time series data, today announced that it has signed a partnership agreement with GoldenSource, a data management provider for the securities and investment management industry, to provide a user-friendly reporting and data visualization layer to itsdata management systems. GoldenSource will utilize Panopticon's OLAP-enabled data visualization as part of the solutions it provides to customers globally, enabling them to take advantage of both preconfigured views of data, and to develop firm specific views as required.
Michael Meriton, CEO of GoldenSource, stated, "New regulatory directives such as Basel III and Solvency II and investor demands for enhanced transparency are increasing the pressure on current risk and data management practices. Firms need to be able to not just link up all external and internal systems to gain an accurate view of their data and exposure, but to make all that information work for them. Panopticon offers an innovative approach to analyzing data by adding an additional layer of data visualization, ensuring our customers are able to understand the business impacts their data at a glance."
The partnership means that data will now be configured in a series of user-friendly dashboards which make it easy to view and analyze data in any desired combination. Panopticon's approach of using data visualization tools coupled with a fast in-memory OLAP data model sits well with GoldenSource's approach, making this a powerful partnership."
GoldenSource's Enterprise Data Management (EDM) platform allows disparate data sources to share information from a centralized system, creating a golden copy of the data for multiple uses. The solution delivers all the market and reference data needs of securities and investment firms on a single integrated data consolidation platform and provides a range of benefits, including data sourcing costs, elimination of the downstream need for validation and exception management, reductions in the incidence of failed trades, and protection from regulatory risk. The firm's client list includes many of the most well-known names in the financial services industry.
Chris Elsmore, SVP Partners and Channels Worldwide for Panopticon, said, "GoldenSource has developed an enviable reputation as the premier supplier of data management solutions in the financial services community. They have the global reach that can help us better support clients all over the world, as well as in financial centers like New York and London. We are especially impressed with the fit between our front end dashboard and visual analytics tools and GoldenSource's data management expertise."
GoldenSource will use Panopticon's Developer SDK, the Panopticon EX enterprise application as well as the new Rapid Development Kit in its products, including the recently announced GoldenSource RiskHub and RiskMonitor solutions. The user-friendly dashboard approach is available as an optional component across GoldenSource's EDM products, adding data analysis capabilities to all current versions of GoldenSource software.
About GoldenSource
GoldenSource makes it easy to manage critical reference and market data. We offer an integrated Enterprise Data Management (EDM) platform for the securities and investment management industry. Our innovative products are designed to create, maintain and distribute a trusted golden copy. Our unique data model covers all financial instruments, customers and counterparties, and extends to transactions and positions. The ability to connect, organize and aggregate trusted information reduces risk, drives better decisions and helps our customers achieve their goals. GoldenSource solutions are used by forward-looking banks, brokers, investment managers and service providers to achieve tactical departmental goals and strategic enterprise objectives. A proven supplier of on premises EDM solutions to the world's largest financial institutions, GoldenSource also powers managed data services via the innovative Powered by GoldenSource program. For more information, visit http://www.thegoldensource.com
About Panopticon
Panopticon information visualization technology supports rapid visual analysis of large data sets and real-time data in financial services, telecommunications, and other industries. The Panopticon Developer SDK supports Java, .NET and WPF environments and allows programmers to embed Treemaps, Heatmaps and other effective business intelligence capabilities into their own enterprise applications. Panopticon EX is a fully productized white label solution supporting rapid deployment across the enterprise to desktops and the web. Clients include information services company Thomson Reuters, financial giant JP Morgan Chase, project management firm Deltek, and telecommunications systems provider Polystar. The company has offices in New York, Boston, London and Stockholm.http://www.Panopticon.com
All trademarks used herein, whether recognized or not, are the properties of their respective companies.
For more information:
Panopticon
Hugh Heinsohn
VP Marketing
Panopticon Software
+1-503-360-4844
[email protected]
GoldenSource
U.S. press office
Metia Inc.
Sheryl Lee
Tel: +1-917-320-6462
Email: [email protected]
UK press office
Metia Inc.
Nicola Garvin
Tel. +44(0)20-3100-3586
Email: [email protected]
SOURCE GoldenSource & Panopticon partners
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