The Cadis EDM Suite manages and enriches the complex data required to feed order management, compliance, accounting and risk systems in a consistent, controlled environment. The system has gone live at Hermes in less than three months from signing the deal.
Philip Keeler, Head of Operations & IT at Hermes said: "The Cadis solution was selected following a very successful proof of concept to validate the capability of the product and the initial implementation has been rapid. We are undergoing a major business transformation that involves the development of a new operating model covering all areas of Hermes' business. Cadis will become a core component of the new operating model, supporting both reference data management and acting as a central data hub to manage the flow of data between all the new applications being implemented. Cadis Software was the only company that could deliver a solution to meet our demanding requirements and be up and running in a very short timescale. We also anticipate a quick return on the investment."
Daniel Simpson, CEO of Cadis Software added: "Hermes' decision is testament to our commitment and consistent delivery of EDM solutions in a timely and cost effective manner."