Citadel Becomes Charter Client For Accenture Outsourced MRDS

After much speculation, Accenture has revealed its first client for its Managed Reference Data Service (MRDS) outsourcing solution in hedge fund Citadel Investment Group. Additional clients are expected to follow in the coming months. Citadel, with $12 billion under management, has signed a 10-year agreement to outsource “key aspects” of its data management processes. This...

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