Apex Group has selected Goldensource to deliver its centralised pricing and reference data service.
According to Apex, GoldenSource’s Enterprise Data Management (EDM) software as a service (SaaS) solution delivers improved operating and cost efficiencies through the standardisation of data management across multiple business functions.
Apex plans to leverage the platform and application services to support its ongoing growth trajectory with the integration of systems and applications.
The application services aim to support the onboarding ability of other data types, such as reference and transaction data, to provide a harmonised view of the group’s data assets.
This will enable the on-boarding of further acquisitions to the centralised data repository and make reporting available across the group, Apex revealed.
Chris Mulhern, global head of operational strategy at Apex: “It’s no simple task when integrating the data infrastructure of separate businesses. We’re looking to standardise, streamline and reduce point-to-point integrations, duplication and the need for reconciliations.”
“A centralised data infrastructure is the best way forward for us, so with GoldenSource we can continue along our current growth trajectory with even greater ease.”
Jon Hallam, global head of OnDemand Services at GoldenSource, cited: “During the selection process it quickly became clear that our track record, long term stability and experience were the right fit to underpin Apex’s long-term plans.”
“We will track and monitor all processing real-time, helping to operate and make changes at a higher frequency, making sure the needs of Apex’s clients can always be met to the highest standards.”
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