EDM enables customers to integrate security reference data from external and internal systems and maintain data consistency. In an audited environment, EDM sources, validates, compares, persists and creates exceptions. The security master ensures all data is cleansed, validated, distributed and visualized. EDM maintains full audit trails, including exactly where data originated and where it was sent.
EDM supports multiple pricing methodologies. Data lineage ensures firms can trace data, identify where it came from, who touched the data and which rules were applied to it. The ability to produce audited, good-quality data means firms can avoid over-validation of such data.
Rates and curves
EDM creates a golden copy of rates by collecting, transforming, validating and visualizing rates and curves in real time. These reference data tables can be distributed to downstream systems in the desired format.
Party and issuer
EDM sources, validates, compares and persists party data (issuer, counterparty, broker and guarantor) and creates a master. The system creates exceptions while mapping and maintaining relationships.
EDM enables corporate actions data collection from multiple sources and automates the workflow. It validates, compares and manages exceptions and creates a master set ready for downstream distribution or automated email/report generation. This significantly increases confidence in data accuracy and reliability.