The platform is currently being rolled out and will let the fund move into new asset classes faster.
Now, the migration to a new reference-data platform is underway.
With the new solution, Citadel says, it will be able to move into new asset classes much faster.
With the new platform, Citadel can respond when new asset classes come into the market, like cryptocurrencies or collectibles.
"It's critical for our systems to accommodate growth in various asset classes and support the ever-increasing crossover between them," Tan said.
Persons:
Rituraj Deb Nath, Deb Nath, Robert Tan, Tan, It's, Goldman Sachs, There's
Organizations:
Citadel, Citadel Securities, Google, Bank of America