Charles River Investment Management Solution

Charles River Development is a front- and middle-office investment software solutions provider for hundreds of buy-side firms worldwide.
 
The Charles River Investment Management System (Charles River IMS) is a multi-asset class, multi-currency software solution that provides complete straight-through processing on a single, consolidated platform. Offered individually or part of a tightly integrated suite, Charles River IMS modules automate: decision support and portfolio management; pre-trade, in-trade (at any stage of the trade cycle), post-execution, and end-of-day compliance; order management, electronic trading, and execution management; post-trade matching and settlement; and performance measurement, attribution, and performance risk. Additional components include the Charles River Anywhere browser-based workstation, fully-integrated Charles River Network for global electronic trading via FIX (Financial Information eXchange).
 
Charles River IMS helps clients comply with the European Union directives, such as MiFID and UCITS III, as well as regulations in the United Kingdom, including the FSA New Collective Investment Schemes (COLL) Chapter 5. 
 


OFFICES

Charles River maintains a local presence in all major financial centers worldwide. In EMEA, Charles River has regional offices in London and Paris; a presence in Frankfurt; sales and service partners in Cape Town, South Africa and Dubai, UAE; and implementation managers stationed throughout the region for full implementation capabilities and technical support.
 


CLIENTS

Charles River serves over 300 diverse investment management clients worldwide. In EMEA, Charles River supports over 80 firms across 17 countries, including more than 30 UK clients ranging from large institutional asset managers to boutique hedge funds and prime brokers.
 


SOLUTIONS

Charles River Performance

Provides real-time performance measurement, attribution and performance risk analysis and enables GIPS compliance. Directly access all Charles River Performance return, contribution, attribution and measurement data for each portfolio, for a variety of timeframes and user-defined classification levels. Perform backward looking performance analyses for any historical time period, on any account and any number of variables including weightings, contributions, returns, attribution effects, and risk.
 

Charles River Manager

Consolidate all portfolio management activity into a central, configurable workspace. Integrate data and analytics, and interface seamlessly with third-party systems, data warehouses and pricing feeds. In a single window, manage groups of portfolios, track orders on the trading desk and monitor and manage cash. Create and implement investment strategies across one or many portfolios.   
 

Charles River Trader

Full order and execution management helps traders generate Alpha by monitoring the market, executing trades and measuring broker effectiveness. Via a single system, gain faster and more complete visibility into the market. Quickly access 500+ broker/dealers and over 150 trade and liquidity platforms, choose among more than 500 global and regional algorithms, and leverage embedded interfaces with over 40 algorithmic brokers.
 

Charles River Compliance

Automate compliance workflow and centralize compliance monitoring and management. Validate compliance results anytime: pre-trade, in-trade (at any stage of the trade cycle), post-execution and end-of-day. Leverage advanced compliance rule building, testing and maintenance, and customizable reporting. Re-run compliance ‘as of’ any historical date with a complete audit history.   Powerful data administration facility helps monitor and improve data quality. Highly-scalable compliance engine supports very high volumes of trades, compliance rules, accounts and groups of accounts.
 

Charles River Post Trade

Centralize confirmation, trade matching, and settlement workflow and automate the post-trade process. Automatically route orders and allocations to appropriate counterparties and ensure central or local matching via rules-based functionality. Centrally manage exceptions and quickly confirm/affirm trades – in most cases by T+0 (same day). Support standard notification protocols, formats and methods.
 

Charles River Anywhere

Securely manage and monitor portfolios, compliance, trades and post-trade information via fully-integrated, browser-based workstation. Designed for financial advisors, executives, compliance officers and others requiring remote information management/monitoring.  
 

Charles River Network

Fully-integrated, broker-neutral financial network supports global electronic trading via FIX. Access hundreds of global liquidity venues. Ensure fast and reliable direct access to sell-side brokers and trading venues. Offers complete FIX software administration, connectivity management and support for each sell-side broker and trading destination. Eliminate FIX network administration and increase network reliability through continuous end-to-end testing, certification and monitoring. Connect via dedicated telecommunications infrastructure or Virtual Private Network (VPN).
 


SERVICES

Multi-layered services approach complements  products, ensures successful deployment of Charles River IMS and ongoing support. Hosting and Application Management offer cost effective options for application and infrastructure management. Hosted Application Management is a fully-outsourced application and infrastructure solution in Charles River’s highly secure, Tier One hosting center. Alternatively, leverage in-house infrastructure and security with the Application Management solution, while Charles River manages the Charles River IMS application.
 


ARCHITECTURE

N -tier architecture consists of both Windows and Web portal clients, a Java middle-tier and back-end database. Open standards-based, service-oriented architecture (SOA) and modern technology ensure scalability and handle very high trade volumes and throughput.  Highly configurable and easily integrates with external systems. Customizable user-interface improves efficiency and lowers costs through streamlined workflows.