Federated Investors has chosen the Cadis EDM platform to enhance data management throughout the organization. The initial implementation will incorporate securities master data along with holdings, accounts, indices and benchmarks.
As a company we are continually looking for ways to increase operational efficiency and reduce risk, said Jim Wallace, VP and principal business strategist, Federated Investors. During the proof of concept, we were impressed by the flexibility of the Cadis EDM platform in handling multiple data sets. By implementing this solution, well allow all departments within our organization to become much more efficient when enhancing, moving or auditing data.
Federated manages $369.7 billion in assets and 134 funds.
(JDC)