Gresham, the enterprise data automation and reconciliation solutions provider, has renamed the enterprise data management (EDM) platform that it acquired from S&P Global Market Intelligence as Opus EDM, underscoring how the system has been designed to take on demanding environments, officials say. “The platform, which has traded under several names across more than a decade… Read More >>
Gresham Acquires S&P Global’s EDM Business
Gresham, an enterprise data automation solutions provider, has acquired S&P Global’s Enterprise Data Management (EDM) business, and this “strategic carve-out” is intended to expand Gresham’s presence among enterprise data services providers and, overall, bolster its offerings to buy-side participants, officials say. Gresham’s main efforts in offering capital markets data automation have been based upon reconciliation… Read More >>
Rimes to Work with PANTA, BMLL & Ortec Finance
Rimes, a provider of enterprise data management (EDM) and investment intelligence solutions, has formed partnerships with PANTA, BMLL, and Ortec Finance to expand the range of analytics, data, and operational capabilities it can offer to Rimes clients, officials say. Initially, the partnerships should yield faster onboarding, more integrated workflows, and improved data-driven decisions across the… Read More >>
GoldenSource to Sell Its Wares via AWS Marketplace
GoldenSource is making its data management offerings available on the AWS Marketplace — a website for third-party software, data, and services that run in an Amazon Web Services environment. The move will help the enterprise data management (EDM) solutions provider sell its wares to a wider market and collaborate with the AWS go-to-market team, GoldenSource… Read More >>
Five Arrows to Acquire Rimes from EQT
Five Arrows, the alternative assets arm of Rothschild & Co., is slated to acquire enterprise data management (EDM) provider Rimes via an agreement that allows private equity firm EQT, together with its shareholders, to sell Rimes to Five Arrows, officials say. In February 2020, EQT invested in Rimes as a way to help Rimes “expand… Read More >>
FinTech Brief: Rimes Launches Lab for A.I. Prototypes
Enterprise data management (EDM) provider Rimes has launched an A.I. Lab to be managed by Theo Bell, the provider’s newly appointed head of A.I. product, officials say. The Rimes A.I. Lab is “a dedicated environment where the Rimes product engineering team, in collaboration with clients, can prototype new ideas and applications using proven A.I. [artificial… Read More >>
GoldenSource Debuts Risk Factor Service for OTC Derivatives
GoldenSource, a provider of enterprise data management (EDM) systems, has launched a service that offers investment banks “a single risk factor taxonomy” for market rates used to price over-the-counter (OTC) derivatives instruments, officials say. The new Curve Master Definitions taxonomy service is intended to help banks “comply with market risk regulations and auditability requirements, including… Read More >>
Pershing Clients to Get Help with Digital Moves
BNY Mellon’s Pershing will be launching initiatives this year to help its clients speed up their digitization of business models and thus update how they interact with Pershing’s services — all for a more efficient and better client experience, officials say. Pershing and its affiliates offer clearing and custody, investment and retirement solutions, technology, enterprise… Read More >>
Apex Group to Use GoldenSource’s Services
Apex Hoping SaaS Solution Will Help Growth Fund administrator Apex Group Ltd., touted as the world’s fifth largest fund administrator, has signed on to use GoldenSource’s its centralized pricing and reference data services, officials say. Apex will use GoldenSource’s enterprise data management (EDM) software-as-a-service (SaaS) solution to improve operating and cost efficiencies “through the standardization… Read More >>
EDM Council Updates ‘Rosetta Stone’ for Data
(Editor’s Note: The Enterprise Data Management (EDM) Council, a non-profit trade association, is today releasing an update of its Financial Industry Business Ontology (FIBO) that is intended to help securities firms managing interoperability among data sources by showing their properties and linkages. FIBO is used by financial institutions to support data analytics via by “harmonizing… Read More >>
