The leading knowledge platform for the financial technology industry
The leading knowledge platform for the financial technology industry

A-Team Insight Blogs

Cadis Clients Push Reuters Real-time Data Through EDM Platform

Cadis, a global EDM specialist, has clients pushing fully audited real-time data through its platform. With real-time feeds such as Reuters RMDS already successfully integrated into its EDM suite, Cadis clients are among the few to successfully validate, cleanse and audit their real-time data.

“Most firms still push multiple raw real-time data feeds straight into trading systems and/or customer applications,” said Rik Turner, senior analyst, Ovum. “As data governance becomes more important to financial institutions, pushing such data through EDM systems will become essential. Validation, cleansing and auditing of real-time data has always been a big challenge and is moving further up the agenda as firms increasingly look for successful ways of tracing which piece of real-time data is used where, and from which source.”

One Cadis client is already up and live with Reuters RMDS through the Cadis platform with a further four piloting this new capability. Four prospects are undertaking proof of concepts to trial Cadis’ delivery of real-time data into the EDM platform.

Dan Simpson, CEO, Cadis said: “Where latency is paramount, Cadis clients can push raw data directly through the system. By doing this, users are then able to track any data behind trades and determine the exact source of the data used. Any suspect data is also identified within minutes rather than the norm of hours before it is spotted. Where a 30 second to one minute delay is acceptable and quality trumps speed, Cadis clients will get fully validated and cleansed data. By pushing real-time data through the Cadis EDM suite users also can compare and contrast multiple feeds. This two speed architecture provides Cadis clients with the best of both environments in which to fully manage their real-time data.”

Related content

WEBINAR

Recorded Webinar: Trade surveillance: Deploying monitoring and surveillance capabilities for today’s new normal

Let’s face it: The old ways aren’t coming back. A plethora of challenges brought on by the covid-19 pandemic, coupled with unrelenting market volatility and uncertainty, have pushed financial service firms to look for rigorous monitoring and surveillance solutions to meet the demands of the emerging trading landscape. Working from home (WFH) has increased the...

BLOG

Blackmore Capital’s Collaboration with OTCfin Completes Integration of ESG Factors into Investment Process

Blackmore Capital, a Melbourne-based asset manager set up in 2018, and New York-based OTCfin have completed the integration of ESG factors with financial data for all Blackmore portfolios. By incorporating ESG factors into Blackmore’s investment process, OTCfin’s risk and regulatory reporting solution will help the asset manager’s team improve portfolio monitoring from both a financial...

EVENT

Virtual Briefing: ESG Data Management – A Strategic Imperative (Redirected)

This briefing will explore challenges around assembling and evaluating ESG data for reporting and the impact of regulatory measures and industry collaboration on transparency and standardisation efforts. Expert speakers will address how the evolving market infrastructure is developing and the role of new technologies and alternative data in improving insight and filling data gaps.

GUIDE

Evaluated Pricing

Valuations and pricing teams are facing a much higher degree of scrutiny from both the regulatory community and the investor community in the glare of the post-crisis data transparency spotlight. Fair value price transparency requirements and the gradual move towards a more harmonised accounting standards environment is set within the context of the whole debate...