Cadis announces Brandes Investment Partners implements its EDM Suite

9 January 2009

Cadis, a provider of enterprise data management (EDM) systems for buy-side institutions, today announced that Brandes Investment Partners has implemented the Cadis EDM Suite in just 9 weeks. The global data management platform empowers Brandes to more effectively manage its security, price and currency data. The Cadis system provides an immediate return on its investment, having gained full control, validation and governance over its security data.

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.

Brandes consumes data from multiple sources and utilizes the data across multiple systems. With the Cadis EDM Suite now installed, the firm has access to a higher quality of data with a single platform for security, pricing and currency rates data. The solution helps Brandes quickly identify any data inconsistencies at an early stage of the process. It enables the firm to compare the data across all sources, aiding quick resolution of any discrepancies. Furthermore, the Cadis EDM Suite rules engine has enabled the Brandes data management team to quickly and easily create basic rules without relying on the IT department. This process replaces the existing Pricing and Security applications.

Daniel Simpson, CEO of Cadis Software added: “Brandes Investment Partners decision is testament to our commitment and consistent delivery of EDM solutions in a timely and cost effective manner to the North American market.”

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