About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

Cadis Acquires Compliance Reporting Software Vendor C8 Software

Subscribe to our newsletter

EDM vendor Cadis has acquired management information and compliance reporting software provider C8 Software in a bid to combine the two vendors’ offerings and meet clients’ reporting and risk data requirements. Daniel Simpson, CEO of Cadis Software, explains that the new offering is aimed at cleaning up what he sees as often poor quality data in the compliance space.

C8’s flagship reporting tool, Consolid8, will be integrated with the Cadis offering to allow clients to leverage the data stored within the vendor’s EDM application. Simpson elaborates: “We are responding to the requests of our customers to integrate enterprise data management with reporting technology to create a ‘best in class’ solution. Many reporting initiatives fail due to poor quality data; Cadis has demonstrable success in rapidly pulling this information together from disparate sources in a fully audited environment.”

The vendor claims its clients will be able to seamlessly extract reporting information, which has been validated and audited, into internal and external reports as a result of the integration.

Rob Gray, managing director and co-founder of C8 Software, claims that it decided to accept Cadis’ offering because of its reputation and market share. “Cadis and C8 have perfect synergies and a matching ethos around client implementation and customer satisfaction,” he adds. Gray also indicates that the initial launch of reporting solutions will be followed by more offerings in the near future.

The vendor is seeking to capitalise on the recent upsurge in customer interest in risk and reporting solutions as a result of the intense regulatory scrutiny in the current market. By integrating its EDM offering with a downstream data solution it may get more traction in a market that is suffering from budget cutbacks across the board.

Earlier this year, the vendor integrated the London Stock Exchange’s (LSE) Datalect product suite into its EDM Suite, including the exchange operator’s Sedol Masterfile service, with a view to increasing its appeal to its buy side target customer base.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Best practice approaches to integrating legacy data with the cloud

Acceleration of cloud adoption, increasing demand for digital transformation and real-time data management have led financial institutions to rethink their data infrastructure to enable more agile operating models that can respond faster to change and make data a competitive advantage. For many, integrating data from legacy systems and data across the business landscape with a...

BLOG

Return on Investment Remains a Challenge for Financial Institutions Migrating Data to Cloud

Migrating data and apps to cloud can be a game changer for financial institutions. It can also be more expensive than expected and raise issues around data quality, governance, security, access and integration. A clear data strategy with a defined goal, and an understanding of what can and cannot benefit from a move to cloud,...

EVENT

RegTech Summit New York

Now in its 8th year, the RegTech Summit in New York will bring together the regtech ecosystem to explore how the North American capital markets financial industry can leverage technology to drive innovation, cut costs and support regulatory change.

GUIDE

Regulatory Data Handbook 2023 – Eleventh Edition

Welcome to the eleventh edition of A-Team Group’s Regulatory Data Handbook, a popular publication that covers new regulations in capital markets, tracks regulatory change, and provides advice on the data, data management and implementation requirements of more than 30 regulations across UK, European, US and Asia-Pacific capital markets. This edition of the handbook includes new...