GoldenGate Software has launched a management solution
to help financial firms cope with the demands of the
MiFID directive.
The existing GoldenGate Transactional Data Management (TDM)
platform now enables organisations to easily and non-intrusively
address MiFID reporting and trade reconstitution problems, arising
from the disparate data stores, reporting systems and manual
processes that are in operation at financial firms.
GoldenGate is a certified member of the Oracle PartnerNetwork.
Nigel Matthews, EMEA business development director for capital
markets at Oracle, said, “The combination of GoldenGate technology
and Oracle Database 10g provides firms with a cost effective
solution for capturing dynamic trade data and reference data from
disparate, heterogeneous sources in real time.”
Matthews said, “The composite trade data captured and collated
by GoldenGate can be applied to one or more data stores for
immediate publication of post-trade information, regulatory
transaction reporting, as well as for record reconstitution and
long-term data retention.”
The GoldenGate solution addresses MiFID’s post trade
transparency requirements, which cover trade reporting, transaction
reporting and record keeping.
The GoldenGate solution also works with Sybase, IBM, Microsoft
and other databases.
FSA signs MiFID policing contract
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