Cadis CEO Daniel Simpson said that for Northern Trust to be successful in attaining their goal of superior client satisfaction, the solution demanded scalability, stability and lower implementation time frames than other alternatives.
"This implementation extends our relationship with Northern Trust while enabling us to be an integral part of an important global initiative," Simpson said.
Northern Trust global head of product Paul d’Ouville said that Cadis enhances the company’s operations and data management capabilities for trade capture and other middle office services, reducing the implementation timeframes for on-boarding new clients.
"As our Investment Operations Outsourcing business continues to grow globally, Cadis’ best practices, time to market, culture and overall client service model offers a compelling value proposition," d’Ouville said.
In February this year, asset manager Federated Investors has chosen the Cadis EDM platform to improve data management and transparency throughout the organization.
