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GoldenSource to Explore Data Implications of Upcoming Regulations in Risk Data Webinar

LONDON Jan. 24, 2011 GoldenSource Corporation Enterprise Data Management (EDM) solutions ‘Current State of Risk Data Quality’

As regulators finalize the adequacy rules of Basel III and Solvency II, the industry needs to improve data and risk management practices in anticipation of the upcoming changes. Regulators are demanding increased transparency, enhanced reporting, and an integrated risk management framework – all of which requires higher quality data than financial institutions have traditionally maintained.

The webinar will question who is responsible for the management of data used in risk calculations, and what types of data integration and cleansing will be required to improve their quality. It will also discuss which areas of risk financial institutions are focusing on to improve their risk-related data and ensure compliance with new reporting demands.

Steve Engdahl http://www.a-teamgroup.com/webinar/risk-data-quality/

Steve will also be available for press interviews prior to and after the webinar.

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.

www.thegoldensource.com

UK press office:

Metia

Nicola Garvin

Tel: +44(0)20-31003586

Email: [email protected]

SOURCE GoldenSource

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