Cadis Software, formerly Citadel Associates, a provider of enterprise data management (EDM) systems for buy-side institutions, today announced that Liverpool Victoria Asset Management Ltd (LVAM) has signed a new deal to implement the Cadis EDM Suite. Cadis will serve as the back bone of LVAM's new technology infrastructure and play an instrumental role in the company's growth strategy.
The Cadis EDM Suite manages and enriches the complex data required to feed order management, compliance, accounting and risk systems in a consistent, fully audited environment. The system is due to go live at LVAM in less than three months.
Richard Acela, senior systems analyst of LVAM said: "Cadis provides us with a foundation of cleansed and audited data, enabling us to fulfill our growth aspirations. After a rigorous search and selection process, Cadis Software was the only company that could deliver a highly effective solution that would also be up and running in a very short timescale of less than three months. As soon as Cadis EDM Suite goes live, we anticipate a quick return on investment."
Daniel Simpson, CEO of Cadis Software added: "LVAM's decision is testament to the strengths of our solution in helping firms fully integrate their front and back office systems and ultimately get the most out of their data and their technology. We aim to be live within three months, an unheard of timeframe within the EDM space"
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