Citadel, the provider of Enterprise Data Management (EDM) systems for the buy-side, has won Buy-Side Technology’s ‘Best Data Management Product’ for CADIS.
Through a combination of standardised interfaces and flexibility, CADIS enables firms to address the stresses on data infrastructures, significantly reducing implementation times and the associated risk.
While the buy side’s technology demands become ever more sophisticated, increasingly disparate data sources are resulting in impenetrable and sluggish data systems, which ultimately deplete the efficient running of the business. Citadel is one of the few true EDM providers and the only EDM player in the market that continues to focus purely on the needs of the buy-side.
“EDM has become the accepted route for the effective management of data and the buy-side in particular has experienced significant growth as it consumes enormous amounts of information. In addition to the traditional challenges, such as managing multiple systems, the buy-side must have the technology to support complex and alternative instruments as well as address an increasingly regulated market,” says Peter Little, CEO, Citadel.
Buy-Side Technology is the only stand alone publication that focuses on business and technology issues facing buy-side executives. These are the first annual Buy-Side Technology awards and are open to any technology provider operating in the buy-side space. The awards recognise the leading technologies and vendors in their areas of expertise, showcasing top class performance and innovation.
With installations across three continents, Citadel technology is used by some of the world’s largest buy-side institutions supporting some 3 trillion in assets.