M&G Upgrades EDM, Chooses New Data Hub

Strapline: Data Management


UK asset management firm M&G Investments, which has £194.4 billion in assets under management, has chosen MoneyMate as a central data management hub provider for its retail funds, and upgraded to version 8 of the GoldenSource enterprise data management (EDM) platform.

M&G chose the MoneyMate Data Manager platform to better comply with regulation, and made the upgrade of the GoldenSource EDM platform to better address Solvency II rules, according to officials.

The Data Manager platform allows M&G