Buy-Side Technology Awards: Best Buy-Side Data Management Product─Markit EDM
Cadis is a special animal: Launched in the wake of an acrimonious and protracted boardroom split at Citadel Associates back in late 2007, the offspring company renamed itself Cadis after its flagship enterprise data management (EDM) offering, Cadis EDM. Under the leadership of CEO Dan Simpson, chairman Peter Little and head of sales Stuart Plane, the vendor reassured its steadily growing buy-side client base that it was there for the long haul. The Cadis management clearly did something right─the choppy waters it had just negotiated signaled the start of an upward trajectory in terms of client wins that most other firms can only dream about. This success is reflected in Cadis' blemish-free Buy-Side Technology Awards track record, accounting for the best buy-side data management product every year since the awards began back in 2007.
Add to that the firm's unparalleled distinction of never having lost an existing client, its levels of service bordering on the fanatical, and the success of its proof-of-concept "try-before- you-buy" strategy that it unveiled five years ago, a strategy large numbers of technology vendors in this space have now adopted, and you realize that the firm's success is down to anything but luck.
Anyone who has covered the financial services technology vendor space for any appreciable amount of time will know that mergers and acquisitions can just as easily turn out disastrously as they can successfully, although the nine-month post-merger period has proven to be a happy one, now that the Cadis staff are fully ensconced in Markit's London offices and the Cadis moniker has been jettisoned for Markit Enterprise Data Management.
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@waterstechnology.com or view our subscription options here: https://subscriptions.waterstechnology.com/subscribe
You are currently unable to print this content. Please contact info@waterstechnology.com to find out more.
You are currently unable to copy this content. Please contact info@waterstechnology.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@waterstechnology.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@waterstechnology.com
More on Awards & Rankings
Best private markets data provider—MSCI
MSCI’s Private Capital Transparency standardises manager‑reported and independent private‑asset data, linking private and public markets.
Most innovative market data project/initiative—firmfact
Firmfact automates market‑data contracts, invoices and entitlements for banks and asset managers. Its AI reads documents, matches invoices line‑by‑line and verifies licences with minimal keying.
Best market data newcomer (vendor or product)—Octaura
Octaura’s Insights Platform is an integrated market intelligence and analytics offering purpose-built for the leveraged loan market.
Best market data provider (broker)—Fenics Market Data & Analytics
FMD’s Broker Data service draws on BGC Group’s global brokerage operations to provide pricing, trade and order-flow information across FX, rates, fixed income, commodities and derivatives.
Best evaluated pricing service provider/vendor—Infront
Infront Quant supplies independent, cross‑asset valuations with a “white‑box approach”, offering level 1 and 2 transparency.
IMD & IRD Awards 2026 winner’s interview—Smartstream
Smartstream wins Best reference data managed service at the IMD & IRD Awards 2026
Best reference data integration vendor—Gresham
Gresham’s AI-native EDM Suite combines data from disparate sources and systems and provides user-firms with a single point of integration across the data life cycle.
Best ESG data initiative—Bloomberg
Bloomberg’s Impact and Allocation dataset provides investors with a consistent means of assessing how proceeds are being deployed and what outcomes issuers report.