GoldenSource, a leading independent provider of cloud data management solutions, has launched version 10 (V10) of its data management solution, providing customers with deeper data analytics capabilities to drive stronger business performance. The enhanced offering will enable GoldenSource’s client base, consisting of asset managers, asset servicers, custodians, banks and brokers, to streamline data management processes and accelerate their cloud transformation.
The firm has revamped its existing technology stack to bolster its core data management capabilities and modernize the user experience. Notable new attributes of the platform include AI-powered documentation and search capabilities, advanced features for visual data validation, and automated pipelines to offer clients a single, centralized view of investment data at fund level. V10 also offers improved capabilities for enhanced data lineage and metadata extraction, and more efficient tools for managing market data, including advanced validations and analytics to meet regulatory and vendor requirements. These enhancements provide clients with timely access to superior quality data and help reduce technical errors – all of which result in increased operational efficiency and cost reductions.
Further, V10 builds on the firm’s current ESG capabilities, offering new pipelines with ESG data connectors to create climate risk, greenhouse gases & ESG score and ratings dashboards on the cloud warehouse. This includes enhanced delivery mechanisms, now providing data via powerful APIs that integrate the product with reporting tools, supporting firms in complying with more stringent global regulatory requirements.
Deployable on Amazon Web Services (AWS), Microsoft Azure and Google Cloud Platform, the platform is cloud-agnostic and builds on the firm’s ongoing transition towards a cloud-native, microservices-based architecture. This enables both new and existing clients to significantly reduce infrastructure costs, leveraging cloud technology to remain competitive in increasingly complex market conditions.
Commenting on the launch, Swati Tyagi, Chief Product Officer at GoldenSource, said: “Version 10 is the most innovative financial services data management solution that our team has developed, and we are excited to bring this to the market at such an opportune time for new and existing clients. As firms grapple with more volatile market conditions and increased regulatory burdens, ensuring financial institutions get the most out of their data has never been more important. To this end, we have worked closely with our clients to ensure our modernised product portfolio caters to their more diversified needs, focusing on digital transformation and the inevitable migration to cloud data services.”
This news arrives at an exciting time for the company, as GoldenSource embarks on a new era of growth following the recent appointment of James Corrigan as CEO.
Please see here for more information on GoldenSource’s current solutions.
