GoldenSource launches cloud data services 04 July 2022UK Reporter: Jenna Lomax
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Data software provider GoldenSource has launched its first cloud data services for clients looking to improve their data management in data lakes and warehouses.
GoldenSource’s cloud data model can be embedded in any cloud data warehouse or lake with data available from traditional sources or via cloud marketplaces.
Clients will have access to pre-configured vendor connections and toolkits to transform and use the data in their preferred warehouse, including Cloudera, Snowflake, Databricks and Google Cloud Platform.
This significantly reduces the overhead needed to quickly onboard and manage these data sets, says GoldenSource.
GoldenSource also provides tools to plug in more data feeds and functionality, such as data quality and application programming interfaces, while the service runs in the background.
Jeremy Katzeff, head of buy-side Solutions at GoldenSource, says: “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.”
John Eley, CEO of GoldenSource, comments: “Ensuring that market participants get the most out of data has always been our primary objective. We are excited by the opportunity to bring our knowledge and expertise in data management and grow our footprint by collaborating with those leading the charge in the new ways of working with data.”
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