Glenmede Selects Integrated EDM and EDM Warehouse Solution from IHS Markit
Cloud-based enterprise data management solution will deliver greater operational efficiency and automation
LONDON (31 May 2017) – IHS Markit (Nasdaq: INFO), a world leader in critical information, analytics and solutions, today announced that the Glenmede Trust Company, N.A., an independent investment and wealth manager, has selected its Enterprise Data Management (EDM) platform and integrated EDM Warehouse.
Glenmede is embarking on a comprehensive transformation in its approach to managing data. The EDM platform, delivered as a managed service, will become Glenmede’s central data hub for staging, validating and distributing operational data to the firm’s investment systems.
“As part of our strategic technology review, we identified the need for a sophisticated data management platform in order to ensure data integrity, improve operational efficiency and deliver front-office to back-office integration,” said Louis Pellicori, chief technology officer at Glenmede. “We chose the IHS Markit EDM solution as a managed service due to the short implementation time and the ability of the platform to adapt to change. As our business grows, we will be adding new data sources and systems which EDM can easily manage.”
“Glenmede is the third customer to sign in as many months for our core EDM platform and EDM Warehouse, which are now offered as a fully integrated solution,” said Spiros Giannaros, managing director for EDM at IHS Markit. “The delivery of both products through a managed service will enable Glenmede to focus on its core business while we manage everything from infrastructure and integration through to the applications.”
EDM Warehouse from IHS Markit stores and reports on time-series data across multiple key dimensions such as reference data, client, account, product and portfolio data. For more information, please visit our website: http://www.markit.com/product/EDM-Data-warehouse
About IHS Markit (www.ihsmarkit.com)
IHS Markit (Nasdaq: INFO) is a world leader in critical information, analytics and solutions for the major industries and markets that drive economies worldwide. The company delivers next-generation information, analytics and solutions to customers in business, finance and government, improving their operational efficiency and providing deep insights that lead to well-informed, confident decisions. IHS Markit has more than 50,000 key business and government customers, including 85 percent of the Fortune Global 500 and the world’s leading financial institutions. Headquartered in London, IHS Markit is committed to sustainable, profitable growth.
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About Glenmede (www.glenmede.com)
The Glenmede Trust Company, N.A. (“Glenmede”) is among the nation’s leading investment and wealth management firms with $34 billion of assets under management for high-net-worth individuals, families, family offices, endowments, foundations and institutional clients. Headquartered in Philadelphia, the firm has offices in Ohio, Delaware, New Jersey, New York City and Washington DC. For further information, please visit www.glenmede.com.