Press Releases

Thailand’s Largest Domestic Asset Management Firm Kasikorn Asset Management Co., Ltd, Implements Charles River Investment Management Solution Version 9

May 08, 2012

Beijing, Melbourne, Singapore, Tokyo — 8th May, 2012 Charles River, a front- and middle-office investment management solutions provider, today announced that Kasikorn Asset Management Co,.Ltd (KAsset), with over US$25 billion in assets under management, has implemented the Charles River Investment Management Solution Version 9 (Charles River IMS) for order and execution management (OEMS), portfolio management and compliance.

CLS Investments Goes Live with Charles River IMS and Managed Services to Support Growth as Firm Doubles Assets Under Management

April 19, 2012

Boston –  Charles River Development (Charles River), a front- and middle-office investment management solutions provider, today announced that CLS Investments, LLC (CLS), one of the largest independent third party money managers in the United States, is live on the Charles River Investment Management Solution (Charles River IMS) for equity and fixed income portfolio management, compliance, and trading and order management. The enterprise solution is fully managed by Charles River application specialists and hosted at one of Charles River’s tier one hosting facilities. Integrated electronic trading via FIX (Financial Information eXchange) is provided through the Charles River Network.

Charles River wins Asia Asset Management’s Inaugural Best Integrated Front-Office Platform Award

March 20, 2012

Beijing, Melbourne, Singapore, Tokyo – Charles River Development (Charles River) a front- and middle-office investment management solutions provider today announced that the Charles River Investment Management Solution (Charles River IMS) was named “Best Integrated Front-Office Platform” at Asia Asset Management Magazine’s Best of the Best Awards 2011. Presented in Hong Kong on March 16, the award  acknowledges Charles River’s enterprise solution for portfolio management, order and execution management, performance measurement, attribution and risk, compliance and post-trade processing; and is its sixth major industry award in 2011.

Malaysia’s Employees Provident Fund expands use of Charles River IMS with FIX Electronic Trading and Post-Trade Module

March 14, 2012

Beijing, Melbourne, Singapore, Tokyo —  Charles River Development (Charles River), a front- and middle-office investment management solutions provider, today announced that Employees Provident Fund (EPF), Malaysia’s premier Sovereign Wealth fund, has expanded its use of Charles River Investment Management System (Charles River IMS) with the addition of Charles River Network for real-time FIX electronic trading, Charles River FIX Administration Service for fully managed FIX software administration and connectivity management; and  Charles River Post-Trade for centralising and automating its real-time trade confirmation, matching and settlement workflows.

Finland’s Sp-Fund Management Selects Charles River IMS to Support New In-House Asset Management Operations

February 14, 2012

Charles River Development (Charles River), a front- and middle-office investment management solutions provider, today announced that Sp-Fund Management, the asset management arm of Finland’s Säästöpankki (the Savings Banks), has selected the Charles River Investment Management System (Charles River IMS) to support its new in-house asset management operations in Helsinki. SP-Fund Management will benefit from automated portfolio management, order and execution management and compliance monitoring throughout the trade lifecycle across its equity, fixed income, derivatives, money markets and FX mutual funds. Sp-Fund Management recently brought its asset management operations in house, and the implementation of Charles River IMS will support an aggressive growth strategy over the next two years.

Charles River Development Attracts 39 New Front/Middle Office Enterprise Solution Clients and Expands Managed Services in 2011

February 07, 2012

Charles River Development (Charles River), a front- and middle-office investment solutions provider, today announced that in 2011 the company increased its customer base with the addition of 39 clients encompassing all vertical markets within Investment Management.  As part of providing a completely managed solution, the company launched the Charles River Data Service, a fully-managed equity and fixed income data offering which is tightly integrated into the Charles River Investment Management Solution (Charles River IMS).

Thailand’s Tisco Asset Management Co., Ltd Selects Charles River IMS to Support Impending ASEAN Economic Community Regulatory Changes and Business Growth

February 01, 2012

Charles River Development (Charles River), a front- and middle-office investment management solutions provider, today announced that Tisco Asset Management Co., Ltd. (Tisco), has selected the Charles River Investment Management System (Charles River IMS) to automate and streamline its investment management operations for improved efficiency. Additionally, with impending ASEAN Economic Community (AEC) regulatory changes set to liberalize the Thai market, the Charles River IMS will enable Tisco to expand the number of investment services they offer clients.

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