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GoldenSource launches cloud data services

by Krystal Scanlon 7 July 2022

Data management services provider GoldenSource has launched cloud data services for financial markets firms, to help them better manage data into and within data lakes and warehouses.

GoldenSource’s cloud data model can be embedded into any cloud data warehouse or lake, providing immediate infrastructure, enabling users to better organise and manage their data. Users can take data from traditional sources or via cloud marketplaces, including vendor data, shared data or their own structured or unstructured proprietary data. They can use the platform’s pre-configured vendor connections and toolkits to transform and use the data in their preferred warehouse. These include Cloudera, Snowflake, Databricks and Google Cloud Platform.

Additionally, GoldenSource provides tools to plug in more data feeds and functionality, such as data quality and APIs, while the service runs in the background.

“The development of data management infrastructure services within existing data lakes is truly revolutionary for how market participants configure and use data,” commented Jeremy Katzeff, head of buy-side solutions at GoldenSource. “As financial institutions work with greater amounts of data, driven by the need for more quantitative strategies, the growth of alternative data, and the emergence of ESG, GoldenSource is at the vanguard of providing the latest tools, structures and services to make sense of this.”

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