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

A-Team Insight Blogs

Perpetual Rolls Out Central Data Hub with Cadis Platform

Perpetual (Perpetual), one of Australia’s leading diversified financial services groups, has gone live with the Cadis EDM platform.

Cadis, the global EDM specialist, was selected as the central data hub for Perpetual Investments, which manages investment funds exceeding $27 billion in fixed income, domestic and global equities.

Perpetual selected Cadis based on the reputation and strength of its EDM platform. After a successful two-week Proof of Concept, Cadis successfully demonstrated it could replace Perpetual’s in-house internally-built system and provide increased control around its data management.  Perpetual is using the Cadis EDM platform to manage securities, pricing and the processing of positions and transactions.

“Cadis has improved our ownership and management of our data,” said Mark de Courcey, General Manager Investment Administration at Perpetual. “We’ve achieved our goals for the first stage of the project. With Cadis’ best practice approach, we can continue to develop and evolve with the solution to meet our current and future needs, streamlining our business processes and information flows.”

“Perpetual’s decision to work with Cadis is a testament to our strong track record and existing foothold in the APAC region,” said Mike Meaney, managing director APAC at Cadis. “Clients want control and certainty around their data management initiatives to ensure they are going to be delivered successfully, on time and on budget. We’ve worked with Perpetual and our existing client base to prove this and build on our 100% successful implementation rate, in an industry typified by a failure ratio of over 50%. ”

Related content

WEBINAR

Recorded Webinar: Adverse media screening – how to cut exposure to criminal activity, from money laundering to human trafficking

Screening for adverse media coverage of counterparties presents an incredible opportunity for financial institutions to limit risk exposures and identify bad actors early. It is required by regulations such as the EU’s sixth Anti-Money Laundering Directive (AML 6), and is one of the most effective ways to steer clear of potential connections with sanctioned activity...

BLOG

Reformis Adds Matrix IDM and NeoXam to Vendor Partner Programme

Reformis, a buy-side business transformation consultancy, continues to build out its vendor partnership programme with the addition of Matrix IDM’s cloud native data management software, and NeoXam’s Impress reporting solution. These join the company’s list of existing partners and products including IHS Markit’s EDM software, Snowflake’s cloud data platform, and Compliance Solution Strategies’ Accudelta product....

EVENT

Data Management Summit USA Virtual

Now in its 11th year, the Data Management Summit USA Virtual explores the shift to the new world where data is redefining the operating model and firms are seeking to unlock value via data transformation projects for enterprise gain and competitive edge.

GUIDE

Entity Data Management Handbook – Seventh Edition

Sourcing entity data and ensuring efficient and effective entity data management is a challenge for many financial institutions as volumes of data rise, more regulations require entity data in reporting, and the fight again financial crime is escalated by bad actors using increasingly sophisticated techniques to attack processes and systems. That said, based on best...