GoldenSource to Discuss Mitigating Risk through Data Management at APFIC 2010 in Hong Kong

LONDON, Sept. 27 /PRNewswire/ -- GoldenSource Corporation, a leading provider of Enterprise Data Management (EDM) solutions, will discuss how to mitigate risk with high quality data at this year's Asia Pacific Financial Information Conference (APFIC). The event will take place at the JW Marriott Hotel in Hong Kong October 11^th-13^th, and will address the business and technical issues affecting risk management professionals.

The Asia Pacific market is in a strong position to attract risk-averse investors looking to achieve a real-time view of their exposure. The lack of legacy systems its counterparts have to address give the financial institutions in the region greater flexibility in implementing a centralized system. A consolidated data management system is critical to achieving a company-wide view of exposure and counterparties. As data volumes grow this will become even more of a challenge for the financial services industry.

Nassar Ahmad, Director Client Operations, Asia Pacific at GoldenSource, will participate in a panel at 11:50am HKT discussing how to mitigate risk with high quality data along with industry colleagues from ISJ Emerging Market, Barclay's Capital and UBS. They will address the impact of poor data quality upon other critical business functions such as performance and client reporting and how consolidated operational and decision support systems help to achieve a company-wide view of risk. The panel will also discuss:

• The benefits of using timely and high quality data to reduce the potential for errors;
• How to measure data quality by implementing metrics in both source and downstream systems;
• How to ensure data quality remains consistent and operational support is available; and
• Whether there is a business case for adopting international standards to help improve quality.

APFIC is hosted by association group SIIA/FSID and publications Inside Market Data and Inside Reference Data. For more information, please go to http://siia.net/apfic/2010/schedule.asp.

Press note: Nassar Ahmad is available for press interviews prior to the event. Please contact Nicola Garvin at the information below to coordinate an interview.

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™ program.

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

SOURCE GoldenSource

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