FTI renames company GoldenSource Corporation

Wednesday 9 February 2005 09:37 CET | News

Financial Technologies International (FTI), has made a strategic decision to rename the company GoldenSource Corporation.

The renaming of the company more accurately reflects the companys long-term heritage of providing data centric solutions and its unique ability to solve some of the industrys biggest challenges in deploying global EDM platforms. The new name also aligns the company with its recently unveiled GoldenSource Enterprise product suite, which provides a single source of trusted data, on a real-time, integrated platform. The data management and business solutions delivered under the GoldenSource brand are a result of $250M in research and development investments over the 20-year lifetime of the company. GoldenSource is successfully in production at many leading global financial services firms and is deployed in multiple lines of business including: investment banking, broker-dealer, asset management, private banking, wealth management, depository, custodial and securities services operations. GoldenSource transforms a financial institution from multiple disparate master files and incompatible systems into an integrated financial enterprise, without the costly replacement of legacy systems. Customers benefit from a system that standardizes, repairs, stores and aggregates data from both disparate market data vendors and a multiplicity of silo transaction systems. As a result, GoldenSource becomes the single source of truth for a companys securities (products), customers, counterparties, positions and transaction data. GoldenSource connects and powers the entire range of transaction and decision systems spanning: front office, client service, risk, regulatory, compliance and back office functions. GoldenSource improves information quality and efficiency and delivers a substantial return on investment by reducing operational costs, as well as, supporting strategic enterprise risk management and revenue generation initiatives.

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Categories: Payments & Commerce | Payments General
Countries: World
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Payments & Commerce