Cadis ups focus on French institutions

Data management company Cadis has opened a Paris office and poached two former SmartCo executives in a move that reflects its growing interest in the French asset management, insurance and corporate communities.

Cyriac Poupinel has been appointed senior pre-sales consultant and Guillaume Rondy sales executive focusing on Southern Europe and Scandinavia.

“Opening our Paris office was a natural next step for the business especially with our recent client wins in the region,” said Daniel Simpson (pictured), chief executive of Cadis.

Cadis has recently agreed a deal with Scor Global Investments which manages the €13.6bn investment portfolio of France-based reinsurance company Scor Group’s legal entities.

It also took on La Banque Postale Asset Management as a client in 2010, the asset management subsidiary of La Banque Postale.

Prior to joining Cadis, Poupinel worked as a data management consultant liaising with asset management firms, banks, hedge funds and pension funds.

Rondy previously worked at Moody’s Analytics Fermat where he was in charge of developing sales in the Benelux and Nordic regions.

Both joined from SmartCo, a rival provider of enterprise data management (EDM) software solutions for the financial industry aimed at banks, asset managers, securities services providers and other financial institutions.

Cadis also specialises in EDM through the Cadis EDM platform which can provide data governance, risk management and compliance frameworks and rationalise legacy architectures. Its clients include banks, regulators, asset managers, hedge funds, insurance companies and pension funds.

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