Reference Data Review

September 25, 2013, ReferenceDataReview.com A-Team Group

According to Olivier Schlatter, co-founder and managing director of Joss Technology, “The workflow tools in EDMS, including corporate actions automation, ensure that the golden copy of an institution’s entity data is properly maintained. But the reality is that issuer level notifications are not widely available, so the fact that SIX Financial Information’s high quality, global entity corporate actions data is available on the platform is a tremendous added value.”

Jason McCann, strategic business development manager for SIX US, adds: “Most data management platforms we work with do not operate at the issuer level. Given the requirements set forth by regulators in the US and Europe, EDMS seems to be the right solution at the right time to meet the entity data management challenges facing global financial institutions.”