Aviva Investors, the global asset management business operated by affiliates of Aviva plc, has completed implementation of the Cadis EDM platform in North America in 12 weeks. The success of the North American project means Aviva Investors will begin plans to roll out the enterprise data management platform to its offices globally.
Cadis was selected after an extensive due diligence process. A two-week proof of concept (PoC) review proved Cadis could replace in-house applications without a loss of functionality for Aviva Investors. The project then built on the success of the PoC, and a Cadis representative worked with Aviva Investors throughout the 12-week project. The Aviva Investors team was self-sufficient by the end of the project, reflecting the fact that little consultancy was needed during implementation.
“In 12 weeks, Aviva Investors was able establish a live process that matches, validates, cleanses and enriches securities data through a single security master. Cadis empowers those that understand the data to manage the data and this implementation means Aviva Investors can also now assign accountability to those responsible. This all ensures higher quality data, data governance through greater oversight and quick resolution of any discrepancies,” said Daniel Simpson, CEO, Cadis.
Cadis uses a best practice approach for all of its implementations, enabling it to retain its 100% successful implementation record.
Doren Jacobs, Aviva Investors North America CIO and global consulting and delivery director, said: “The completion of the Cadis EDM solution in North America is an important milestone in our multi-year project to enhance the quality of our investment data and improve the data management process overall. The rapid completion of this phase means we achieved all planned business and technology objectives on time and within budget.”