Markit EDM enables firms to establish best practices across the firm and to create a single source of truth for key business data to be used across multiple systems, applications and processes. An organisation can then produce analysis and reporting based on reliable, quality data.
Consolidation, transformation and validation of client trade data. Often multi-source, EDM distributes to internal and external applications with a fully acknowledged and confirmed workflow.
Customers can use EDM as a bi-directional integration layer for the consolidation, validation, cleansing, transformation and distribution of general data feeds. SLAs can be created, data validated and information distributed to customers.
EDM serves as an integration layer between customers and their outsourced service providers, such as custodians, fund administrators and prime brokers. The EDM platform can be used to reconcile and validate data, reconcile multiple providers and facilitate the integration to a new outsourcer should the need arise. It helps reduce risk while maintaining control of mission critical data.
EDM enables the control, transparency and workflows to provide efficient usage of vendor data sets. This empowers the organisation to harness the best quality data at the best possible expense. EDM can be used to review overlapping data points sourced from multiple vendors and to measure data consumption by internal applications and users.
EDM helps customers reconcile positions, cash, transactions, static data and compares internal and external sources.
Markit WSO Services is a cloud-based outsourcing solution providing portfolio management services to asset managers, agents and administrators specialising in leveraged loans and alternative investments.
Markit provides an integrated front office portfolio management system (PMS) and order management system (OMS) with cross asset class coverage, including fixed income, loans, equities, cash, foreign exchange and their respective derivatives.