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: Mastering Data Lineage for Risk, Compliance, and AI Governance

Financial institutions are under increasing pressure to ensure data transparency, regulatory compliance, and AI governance. Yet many struggle with fragmented data landscapes, poor lineage tracking and compliance gaps. This webinar will explore how enterprise-grade data lineage can help capital markets participants ensure regulatory compliance with obligations such as BCBS 239, CCAR, IFRS 9, SEC requirements...

BLOG

Scalability the Keyword Behind S&P Global’s Enriched iLEVEL

S&P Global Market Intelligence’s update to its iLEVEL private markets data tool has been designed to enable firms to scale their engagements in private markets. The financial data company is betting that financial institutions’ growing engagement in these markets is such that they will need the sort of data provisions associated with public markets. S&P...

EVENT

RegTech Summit London

Now in its 9th year, the RegTech Summit in London will bring together the RegTech ecosystem to explore how the European capital markets financial industry can leverage technology to drive innovation, cut costs and support regulatory change.

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...