Data as a Service
An outsourced data mobilization service that
supports the Prime EDM product
Service overview
Comprehensive Data as a Service
Prime EDM DaaS revolutionises data management with an end-to-end solution for financial institutions. It streamlines the entire data lifecycle, from acquisition to distribution, to provide accuracy, timeliness and compliance at every step.
Fully transparent data operations
Our Ops360 solution provides a window into data acquisition, preparation, and distribution processes, turning these from a black box into a glass box. It's also a powerful workbench for users in business management, operations, risk, finance, data science, and research.
Standards and maintenance
As part of our DaaS service, we maintain interfaces to all major data vendors so they're kept up-to-date with vendor changes and mapped to our industry data model. Taking this proactive approach means that customers have up-to-date integration that covers all format and content changes from data providers.
Data management, made simple
Optimizing data flow, maximizing user control
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Dynamic sourcing of market and reference dataComprehensive coverage of financial instruments, issuers, listings, corporate actions, and ESG content, offering insights into market trends, sustainability, and corporate governance for informed decisions.
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Intuitive access to validated data sets
Intuitive access to validated data sets with full lineage capabilities, enabling seamless research and audit processes with transparent data tracking and accuracy.
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Up-to-date integration with major data vendors
Seamless integration with major data vendors, ensuring up-to-date information mapped to our comprehensive industry data model for enhanced compatibility, consistency, and accuracy in data management and analysis.
Service benefits
Data as a Service
Improve your process in four key areas
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Comprehensive data mapping
Our industry data model comprises over 2,500 elements and 300,000+ mapping rules, enabling efficient alignment with our common domain model. This robust framework ensures consistent, standardized data management across various financial instruments and market data sources, enhancing accuracy and reliability in data processing.
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Data quality and management
We implement stringent data quality management through business rules and quality reporting. This ensures that sourced market and reference data are meticulously validated, maintaining data integrity and compliance with industry standards. Continuous reporting identifies discrepancies, supporting proactive quality assurance.
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Enhanced data integration
Seamless integration with major data vendors guarantees real-time access to accurate market and reference data. This includes financial instruments, ESG data, corporate actions, and issuer information, mapped to our industry data model for consistent and comprehensive data analysis.
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Security and access control
Full data lineage capabilities support in-depth research and audits, providing transparent tracking from source to output. User access control ensures secure management of data, while ongoing vendor interface maintenance guarantees up-to-date information flow, promoting data security and governance.
Gresham’s Control is easy for our business users to adopt and use. The application’s controls around signoffs, designating reconciliations to different staff, and data collection have made our process more efficient and seamless, and our team more self-sufficient.
Our recent success and go-live with Gresham’s Control Cloud and the prompt yet comprehensive Proof-of-Concept (PoC) meant the decision to expand our use to include Connect Cloud was easy.
Why should any payments firm build this in-house when there is a specialist like Gresham that focuses on it exclusively? Connect Cloud really takes the pain out of message formatting and simplifies the message transformation space.
The solution allows us to focus on more strategic work. We are now able to manage the exceptions rather than all the manual heavy lifting we were having to do before the switch. It meant that we were able to manage a broader estate of recs ourselves without involving IT and tech experts from the previous vendor.
Explore our customer success stories
Insights, made simple
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Frequently asked questions
What types of data does Gresham’s DaaS cover?
How does Gresham ensure data quality?
How do you handle updates from data vendors?
Can users easily access and control their data?
How does your DaaS offering support regulatory compliance?