Aberdeen Asset Management live with Cadis EDM suite

Source: Cadis

Cadis, a provider of enterprise data management (EDM) systems for buy-side institutions, today announced that Aberdeen Asset Management ("Aberdeen") has successfully implemented the Cadis EDM Suite.

Cadis enables Aberdeen to benefit from greater control over its data - improving efficiencies and lowering operational costs.

Cadis manages and enriches the complex data required to feed order management, compliance, accounting and risk systems in a consistent, fully audited environment.

Aberdeen selected Cadis after a rigorous selection process. Cadis was selected due to the solution's ability to provide a data control layer between Aberdeen and their market data vendors and outsourced back office providers. The Cadis EDM Suite and the Cadis rapid implementation methodology allows Aberdeen to quickly integrate multiple data sources and utilise the information in their front office systems.

Richard Large, Global Head of Front Office Technology at Aberdeen said: "Cadis provides us with an enterprise wide data management platform. It feeds our single global trading platform and data warehouse environments and allows us to maintain control over our data which is sourced from a variety of vendors and Third Party Administrators. After a rigorous Best of Breed search and selection process, Cadis clearly emerged as a highly effective solution which would enable us to construct our goal of a global data hub, enabling us to source, consolidate, validate and distribute our investment management data worldwide.

Daniel Simpson, CEO of Cadis added: "Aberdeen's decision is testament to the strengths of our solution in helping firms fully integrate their global operating environments and ultimately get the most out of their data and their technology"

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