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Susan Frederick
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GoldenSource Recognised with Financial-i Innovation Award

Prestigious industry recognition celebrates ongoing commitment to innovative EDM solutions for the wholesale financial services sector

GoldenSource™ Corporation, a global software provider of Enterprise Data Management (EDM) solutions for financial and securities institutions worldwide, has been recognised as the “most innovative data management solution” by Financial-i magazine. The accolade forms part of the magazine’s inaugural Leaders in Innovation Awards.

The prestigious list was compiled based on feedback from leading analyst firms and consultants covering the wholesale transaction banking space. It provides recognition of those banks and software and hardware vendors that are shaping the delivery of business solutions in this area. Innovation leaders in several categories have been acknowledged, including: securities services; treasury & FX; network services; risk management; and data management.

Judging criteria focused on product innovation over the last 12 to 18 months, cost effectiveness of solutions in terms of implementation and deployment, potential business benefits, ease of implementation and the ability to tackle specific business issues or problems.

Commenting on the award Michael Meriton, CEO at GoldenSource said: “We are proud to be recognised as the most innovative data management solution on the market. This award is a testament to our ongoing commitment to developing EDM solutions that deliver demonstrable ROI and tangible business benefits to our clients. Firms can gain a competitive advantage when they implement EDM to improve process efficiencies especially for executing more sophisticated trades such as credit derivatives. It is also a key indicator that EDM is rapidly becoming a top strategic priority within financial institutions.”

The full Leaders in Innovation list will be published in the Q4 edition of Financial-I magazine.