Mizuho Selects GoldenSource Platform for Data Management

Mizuho has selected GoldenSource's Enterprise Data Management (EDM) platform for reference data and counterparty data management in support of the trading, risk and compliance functions of its investment banking business across its London operations.
By Jake Safane(2147484770)
Mizuho has selected GoldenSource’s Enterprise Data Management (EDM) platform for reference data and counterparty data management in support of the trading, risk and compliance functions of its investment banking business across its London operations.

“Mizuho is investing in a platform refresh to support its growing business,” says Kevin Gage, senior managing director, Mizuho. “During the evaluation process, we found that there were very few platforms that offered us the depth required in both Security Master and Counterparty Master Management. We found that GoldenSource offers a robust, complete and flexible data model, flexible workflow and comprehensive validation and distribution capabilities, which allow us to manage, and importantly link our reference data on one platform.”

“This is part of an increasing trend we’re seeing. The ability to manage security and counterparty data within a single repository allows for more efficient credit and counterparty risk management and collateral management processes, whilst satisfying ever more stringent compliance requirements,” says Neill Vanlint, GoldenSource managing director for EMEA and APAC. “This is entirely logical for sell-side firms. Issuers are also counterparties and relationships need to be understood, tracked and audited in order to achieve a complete 360 degree view of a party. We are seeing most sell-side organizations looking to achieve this and we are fortunate to be unique in the market place in offering this capability.”

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