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17 July 2019
London
Reporter Rebecca Delaney

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Luxoft and GoldenSource collaborate on data management solution

Luxoft Financial Services has partnered with GoldenSource to improve the offering of enterprise management data.

The collaboration will see the DXC Technology company assume responsibility for connecting a range of banks, brokers and investment managers with GoldenSource’s Enterprise Data Management & Master Data Management platform.

The platform allows users to manage their mission critical data to reinforce regulatory compliance, risk management and cost control through sourcing, standardisation, and validation.

Pierre Castagne, global head of alliances at Luxoft, commented: “We are very pleased to have advanced our relationship with GoldenSource. With regulations approaching, it is vital for financial firms to have accurate, consistent, and transparent data.”

He continued: “This alliance follows Luxoft and GoldenSource’s success at delivering data management transformation projects at several global organisations, where together, we have replaced in-house data infrastructure, and unlocked business agility and cost savings through improved data quality and data governance.”

John Eley, CEO of GoldenSource, added: “With Luxoft’s advanced integration capabilities and global reach, GoldenSource’s proven data management solutions, and our shared vision of delivering financial services transformation programs, this alliance is perfectly timed to help Financial Services firms adopt the data infrastructures and operating models essential to thrive in a demanding period of cost reduction and regulatory pressures.”

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