GoldenSource Discusses Improving Risk Management with Data Warehouse Initiatives at TSAM North America 2010

NEW YORK, Aug. 23 /PRNewswire/ -- GoldenSource Corporation, a leading provider of Enterprise Data Management (EDM) solutions, will participate in Technology Solutions for Asset Management (TSAM) North America 2010.  TSAM North America 2010 will take place at New York's Hotel Pennsylvania on Tuesday, September 14^th and will include a presentation from Tom Stock the senior vice president of product management at GoldenSource.

Tom will discuss how asset managers today must achieve firm-wide transparency in order to meet changing regulatory requirements and to deliver accurate and comprehensive end of day reporting.   He will outline how buy-side firms can overcome the issues of siloed systems by linking related data elements in a data warehouse, allowing them to consolidate operational and decision support systems to achieve a company-wide view of risk.

Data has to be instantly processed, parsed, analyzed and reported in real-time.  Poor quality data can be catastrophic.  Buy-side firms have traditionally struggled to consolidate position and transaction data, having to build costly proprietary warehouses or make do with disparate systems.  The GoldenSource Data Warehouse helps asset managers achieve consolidation goals by providing them a single view of their customers' portfolios, as well as the ability to quickly and easily adapt to changing regulatory requirements.  It also stores historical data after it has been purged from its original system location, meeting strict compliance standards.

In addition Tom will discuss the impact of poor data quality upon other critical business functions such as performance and client reporting.  He will be speaking from 2:00 - 2:30pm and will be available prior to and after the presentation for interviews.  GoldenSource will be exhibiting at booth K.

TSAM gathers international buy-side innovators to provide a global knowledge exchange and to address the industry's fundamental issues across the front, middle and back-office.

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, organise 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 reconcile 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(TM) program.

For more information, visit: www.thegoldensource.com or follow on Twitter at http://twitter.com/goldensource.

Press note: Tom Stock is available for press interviews and briefings while onsite at New York's Hotel Pennsylvania. Please contact Sheryl Lee at the information below to coordinate an interview.

SOURCE GoldenSource

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