Best cloud-based data provider—Gresham

Product overview—Prime EDM

Prime EDM is a flexible, cloud-native data management platform with scalable deployment options, including hybrid configurations. By leveraging Oracle Cloud Infrastructure and the AC PaSS managed services model (formerly Alveo), Prime EDM offers reduced infrastructure costs for clients, elastic scalability and seamless software updates, while also meeting enterprise service-level agreements (SLAs).

Secret sauce

Prime EDM’s cloud-native architecture and hybrid deployment model combine to provide clients with flexibility and scalability. It delivers a managed, scalable data environment, while supporting the agility needed to adapt to evolving business and regulatory needs. Its integration with Oracle Cloud ensures high performance and security.

Recent milestones

• Launched a managed, cloud-native solution on Oracle Cloud infrastructure.
• Expanded hybrid deployment options to cater to clients with complex infrastructure needs.
• Increased scalability enables clients to rapidly scale operations without adding complexity.

Future objectives

Gresham plans to:

• Increase integration with other cloud providers to support broader hybrid cloud environments.
• Enhance cloud analytics tools to improve real‑time decision‑making capabilities.
• Roll out enhanced data governance features tailored for cloud-native environments.

Why Gresham won

Gresham follows up its win in the Best sell-side reconciliation platform category of last year’s Sell‑Side Technology Awards by walking away from this year’s Inside Market Data & Inside Reference Data Awards with the Best cloud-based data provider category, thanks to its outstanding Prime EDM platform.

Gresham is technically a cloud-based data management provider as opposed to a cloud-based data provision service, although the line between data management and data provision has become so blurred over the years that it’s often difficult to ascertain where one stops and the other starts. Gresham’s success in this category comes on the back of its Prime EDM platform, designed to help capital markets firms on both sides of the industry manage the three classic Vs associated with data management: data variety, data velocity and data volumes. Those challenges need to be managed accurately and efficiently so that firms are confident in the fourth equally critical data management V: data veracity, or the extent to which the data driving mission-critical functions right across the business can be trusted. To that end, Prime EDM supports the normalization and validation of data flowing throughout the firm, while its cloud infrastructure supports nimbleness, unlimited scalability and fast time to market for new implementations and software updates.

Congratulations to Gresham on an outstanding win in one of the most sought-after of all 33 categories on offer on this year’s awards.