Old Mutual Global Investors implements Curium to create Security Master and manage Data Quality
For immediate release 30th September 2015
London, 30th September 2015 – Curium Data Systems, the data management technology company, today announced that Old Mutual Global Investors has implemented Curium, data management solution, for both creation of Security Master Data and Data Quality Management across their investment operations. In its first phase, Curium constructs Security Master Data as well as providing a control platform for the data governance of key data sets including reference and market data.
The adoption of Curium is a key component of Old Mutual Global Investors’ ongoing evolution of a new target operating model designed to support growth in funds and higher levels of data governance and business oversight.
Simon Stratford, CTO at Old Mutual Global Investors said: “We set ourselves some ambitious targets within Operations and IT to enhance the way that we service our current business and support future growth. Curium’s ability to construct master data and provide data quality oversight was critical to the success of the Target Operating Model programme.” Stratford continued “Our timelines for transition to the new operating model were pretty aggressive and a key factor for choosing Curium was the ease and speed with which we could integrate the product alongside the existing data architecture.”
Andrew Sexton, Sales and Marketing Director for Curium added “This project at Old Mutual Global Investors is another milestone for Curium and demonstrates that asset management firms can implement significant changes to their data management processes without wholesale restructuring of the data architecture. At a time when many firms are seeking to enhance their data governance in line with market and regulatory drivers it bodes well for firms when the ability to effect change is not bound by technology constraints or over reliance on valuable IT resources and project time.”