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

Upcoming Webinar: Potential and pitfalls of large language models and generative AI apps

Date: 7 November 2023 Time: 10:00am ET / 3:00pm London / 4:00pm CET Duration: 50 minutes Large language models (LLMs) and Generative AI applications are a hot topic in financial services, with vendors offering solutions, financial institutions adopting the technologies, and sceptics questioning their outcomes. That said, they are here to stay, and it may...

BLOG

BTP is on a mission to build trust in capital markets, Chronicle is its digital provenance solution

Provenance can be a problem, but there are answers as vendors such as BTP move into the space with solutions that help financial institutions gain confidence in the provenance of capital markets related assets such as data, financial instruments, commodities, and regulatory reports. The company’s digital provenance solution, Chronicle, was made generally available in autumn...

EVENT

Data Management Summit London

Now in its 14th year, the Data Management Summit (DMS) in London brings together the European capital markets enterprise data management community, to explore how data strategy is evolving to drive business outcomes and speed to market in changing times.

GUIDE

ESG Handbook 2023

The ESG Handbook 2023 edition is the essential guide to everything you need to know about ESG and how to manage requirements if you work in financial data and technology. Download your free copy to understand: What ESG Covers: The scope and definition of ESG Regulations: The evolution of global regulations, especially in the UK...