Enterprise Data Management (EDM) solutions provider GoldenSource Corporation has announced that Aozora Bank, Ltd, a Japanese financial services institution offering trust and banking services, has licensed the GoldenSource Enterprise suite in support of its banking operations.
Aozora’s Technology Division licensed the full GoldenSource Enterprise Data Management suite, GoldenSource Accounting and GoldenSource Actions. Aozora is implementing the GoldenSource solution to build the enterprise data foundation to power data management and operational systems. Aozora will use this foundation to establish a robust infrastructure in support of leading edge risk management and analytics.
Aozora’s strategy is to build on an integrated application suite that can deliver fully operational transaction processing, from deposits through derivatives, based on centralized data repositories known as ‘sources of truth’, said Bill Chute, Chief Technology Officer, Aozora Bank Ltd. “Aozora requires a flexible, scalable data management infrastructure that will allow us to accelerate our revitalization program. “GoldenSource Enterprise” enables Aozora to access, transform and integrate large volumes of operational, analytical, indicative and transactional business data for improved asset and risk management, while at the same time reducing costly, time-consuming data maintenance and increasing speed and accuracy of data flow”.
“Banks such as Aozora recognize that a well defined data management infrastructure can help them in storing, cleansing, enriching and applying the data needed to comply with the stringent demands of today’s international banking environment.” said Michael Meriton, President and CEO of GoldenSource Corporation. “Aozora’s decision to use GoldenSource Enterprise Data Management as the ‘single source of truth’ is a welcome endorsement of our vision that a sound data management platform is the pre-requisite to powering all other systems across the enterprise”