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

HighMark Capital Selects Cadis To Support New OMS Platform

Subscribe to our newsletter

San Francisco-based HighMark Capital Management has implemented Citadel’s Cadis Data Management Platform (DMP) to support its new order management system (OMS) implementation.

Citadel’s selection by HighMark Capital, which serves as investment advisor for HighMark Funds, is the second buy-side win announcement for the data management software firm this year. Scotland-based investment management firm Aegon Asset Management UK Ltd. emerged as a client last month. (Reference Data Review, February 2006).

HighMark, which purchased the Cadis software last November, says it chose the Citadel platform because of its business-focused user interface, ease of implementation, ability to build in prioritized phases and its fit with HighMark’s technical architecture.

The implementation took four months and was undertaken primarily by HighMark staff with support from Citadel partner consultancies, which include IMP Consulting, Implementation Solutions and Column A. A relative newcomer to the data management space Citadel focuses on the buy-side segment. Its strategy is two-fold.

A ‘powered by Cadis’ strategy looks to white-label its data management technology for use by software providers, while a second strategy focuses on competing in the enterprise-wide data management (EMD) software space, occupied by the likes of Asset Control, Goldensource and Cicada.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Streamlining trading and investment processes with data standards and identifiers

Financial institutions are integrating not only greater volumes of data for use across their organisation but also more varieties of data. As well, that data is being applied to more use cases than ever before, especially regulatory compliance and ESG integration. Due to this increased complexity of institutions’ data needs, however, information often arrives into...

BLOG

Clearwater Looking to Bridge Front-to-Back Office Tech Gaps with Acquisitions

It’s difficult for data and technology companies to fully service financial institutions’ front-to-back operations when behemoth providers are offering closely integrated capabilities at scale already. Clearwater Analytics, however, has a strategy that it believes will work not by necessarily competing with the big aggregators, but by working with them and filling gaps that they don’t...

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...