Markit, a leading, global financial information services company, today announced that its Markit Enterprise Data Management (EDM) division (formerly Cadis Software) has signed an agreement with Nordea, the largest financial services group in Northern Europe, to master the group's static data.
The Markit EDM solution delivers a stable and efficient platform to optimise data and minimise the need for manual intervention. Markit EDM will scrub and publish the specified data on to Nordea's systems with full audit and traceability features to guarantee a perfect understanding of all data management operations.
Daniel Simpson, Managing Director and Head of Enterprise Data Management at Markit, said: "Nordea will benefit from Markit EDM's rapid implementation record. Our footprint in Northern Europe continues to grow and the recent selection by Nordea further demonstrates our continued success and commitment to the region."