Newton Automates Index Data Flow

FRONT PAGE: DATA CONSUMERS

London-based Newton Investment Management is to go live within weeks with the CADIS data management product from UK-based Citadel Associates.

Newton signed the deal two weeks ago after testing the system for about two months, says Stuart Plane, sales and marketing director at Citadel. Plane declines to comment on the terms of the deal.

The firm will use CADIS to collect FTSE and MSCI index and benchmark data from multiple sources and deliver it to the modelling tools used by the firm's fund

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