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Cadis Wins Seven New Clients in Q1

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Cadis, the next generation EDM provider, has secured seven new global clients in Q1 2010 on the strength of its 100 per cent implementation record, best practice approach and proven ability to deliver ROI within months.

These seven companies join a rapidly expanding client list which includes the world’s largest – and most influential – banks, regulators, asset managers, hedge funds, insurance companies, pension funds and energy firms, representing assets in excess of $6 trillion. These new clients selected Cadis to achieve: front to back office integration onto a single global trading platform; creation of a global data hub, enabling clients to source, consolidate, validate and distribute data worldwide; full auditability and the ability to prove it to regulators, auditors and clients; workflow around trade processing; rationalisation of multiple legacy systems globally; integration of cleansed, consolidated data into the front office, middle office and back office users and systems; and implementations seven to ten times quicker than the alternatives.

Daniel Simpson, CEO of Cadis, said: “Demand for data management has never been stronger and next generation EDM is finally giving executives the business case to win budget. Decision makers who were previously jaded by the cost and failure rates of old EDM solutions are getting behind projects that deliver on time and on budget. The approach is the key: by understanding how data is sourced and consumed, firms can get a project live and demonstrate tangible business benefits faster.”

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