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

Upcoming Webinar: How to organise, integrate and structure data for successful AI

25 September 2025 11:00am ET | 3:00pm London | 4:00pm CET Duration: 50 Minutes Artificial intelligence (AI) is increasingly being rolled out across financial institutions, being put to work in applications that are transforming everything from back-office data management to front-office trading platforms. The potential for AI to bring further cost-savings and operational gains are...

BLOG

S&P’s Capital IQ Pro Flagship Offers Visible Alpha with View to Expansion

Behind every stock analyst’s financial forecast report is a detailed data model that tracks the company so that they can arrive at a view on that asset. Until about eight years ago it was difficult to prise open those reports to understand the thinking behind the headline numbers. Visible Alpha helped change that. Founded by...

EVENT

AI in Capital Markets Summit New York

The AI in Capital Markets Summit will explore current and emerging trends in AI, the potential of Generative AI and LLMs and how AI can be applied for efficiencies and business value across a number of use cases, in the front and back office of financial institutions. The agenda will explore the risks and challenges of adopting AI and the foundational technologies and data management capabilities that underpin successful deployment.

GUIDE

AI in Capital Markets: Practical Insight for a Transforming Industry – Free Handbook

AI is no longer on the horizon – it’s embedded in the infrastructure of modern capital markets. But separating real impact from inflated promises requires a grounded, practical understanding. The AI in Capital Markets Handbook 2025 provides exactly that. Designed for data-driven professionals across the trade life-cycle, compliance, infrastructure, and strategy, this handbook goes beyond...