Germany’s RSU Taps GoldenSource for Shared Landesbank Data Service

The RSU-GoldenSource service will allow participating German regional banks to use a multi-tenant, shared model to serve the needs of most of their reference pricing data.

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GoldenSource and RSU have now been working together for several months, and expect the service to go live early in the third quarter of this year, followed by a period of parallel running of perhaps around six months, officials say.

“RSU was looking for ways to expand the services it provides to Landesbanks, and looked at the most efficient way to provide a golden copy of cleansed market data—not tick data for the front office—to customers. And they’ve figured out that the best way to do that i

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