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

Citadel Signs Principal Global to Data Management Platform

Subscribe to our newsletter

Principal Global Investors has selected CADIS from Citadel Associates as its global data management platform.

Principal Global Investors manages $244.9 billion in assets primarily for retirement plans and other institutional clients and is a member of the Principal Financial Group.

With CADIS, Citadel’s component-based platform for the management of corporate data – version 5 of which was released in September (Reference Data Review, September 2007), Principal Global Investors can benefit from the company’s Investment Solutions Layer approach for handling multiple data sources, the vendor says.

Citadel’s Investment Solutions Layer proposition enables firms to quickly integrate multiple data sources into a single EDM platform. In addition, firms can change accounting systems without the need for significant IT development, allowing them to effectively manage outsourced investment accounting or fund administration.

Stuart Plane, director, Citadel Associates, says: “Firms, particularly on the buy side, face several challenges in handling their corporate data, including the ability to trade new asset classes quickly to gain a competitive advantage. That Principal Global Investors has selected CADIS as its strategic data management platform is a significant endorsement of our ability to help global firms address their EDM requirements.”

During past months Citadel has scored a number of deals with investment managers, including Schroders (Reference Data Review, February 2007) and AMVESCAP, F&C and Canada Pension Plan CPP Investment Board (Reference Data Review, November 2006). Other CADIS users include Newton Investment Management and Aegon Asset Management.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Unlocking Transparency in Private Markets: Data-Driven Strategies in Asset Management

As asset managers continue to increase their allocations in private assets, the demand for greater transparency, risk oversight, and operational efficiency is growing rapidly. Managing private markets data presents its own set of unique challenges due to a lack of transparency, disparate sources and lack of standardization. Without reliable access, your firm may face inefficiencies,...

BLOG

Cardo AI Q&A: Shining a Light on Private Markets

New York headquartered Cardo AI seeks to bring transparency to private markets for investors, banks and funds. A-team Group’s Data Management Insight spoke to co-founder and chief executive Altin Kadareja about Cardo AI’s mission and operations. Data Management Insight: Hello Altin. When was Cardo AI created and how does it serve financial institutions? Altin Kadareja:...

EVENT

AI in Capital Markets Summit London

Now in its 3rd year, the AI in Capital Markets Summit returns with a focus on the practicalities of onboarding AI enterprise wide for business value creation. Whilst AI offers huge potential to revolutionise capital markets operations many are struggling to move beyond pilot phase to generate substantial value from AI.

GUIDE

What the Global Legal Entity Identifier (LEI) Will Mean for Your Firm

It’s hard to believe that as early as the 2009 Group of 20 summit in Pittsburgh the industry had recognised the need for greater transparency as part of a wider package of reforms aimed at mitigating the systemic risk posed by the OTC derivatives market. That realisation ultimately led to the Dodd Frank Act, and...