Citadel inks 10-year data service deal with Accenture

NEWS ANALYSIS: NEW CONTRACT | PREPARATORY WORK PROVED ESSENTIAL TO NEW SOFTWARE PURCHASE

CHICAGO – Citadel Investment Group, the $12 billion Chicago-based hedge fund manager, has signed a 10-year reference data management service agreement with consulting, technology and outsourcing provider, Accenture.

According to the agreement, Citadel will utilise Accenture’s Managed Reference Data Service (MRDS) to consolidate, validate and enhance published reference data for multiple asset types. The service entails data management, IT support, vendor management and performance-measurement

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