Meriten Investment Management GmbH Automates Operations with Charles River’s Enterprise Solution
June 10, 2014
London – Charles River, an enterprise-wide, front and middle office investment management solution provider, today announced that Meriten Investment Management GmbH, BNY Mellon’s Central European investment firm based in Düsseldorf, Germany, is live on the Charles River Investment Management Solution (Charles River IMS) for portfolio management, trading and compliance monitoring across multiple asset classes. The firm is also using Charles River to connect with several fixed income electronic trading platforms, as well as equity brokers via the Charles River FIX Network.
“Charles River IMS helps our fund managers and traders work more efficiently by automating the transaction flow and removing spreadsheets, as well as providing direct access to liquidity sources,” said Uwe Teutsch, Head of IT and Business Management at Meriten Investment Management. “We can better support our complex Fixed Income modeling and trading workflows, and enhance compliance throughout the trading day.”
“Charles River improves decision making and productivity for asset managers, like Meriten Investment Management, by consolidating all portfolio management and trading activity in a single, scalable platform,” said Stephen Butcher, Managing Director-EMEA, Charles River. “We continue to build out new and advanced capabilities that give clients a competitive edge and support future growth.”
About Meriten Investment Management GmbH
Meriten Investment Management is a financial services company offering asset management services to institutional and wholesale clients and is a subsidiary of The Bank of New York Mellon Corporation. Meriten Investment Management manages assets totaling about € 24. billion (as of 31 March 2014). Its client base includes corporations, pension funds, mutual funds, endowments, foundations, banks, central banks, savings banks, governmental agencies and insurance companies. Meriten Investment Management does not offer services in the U.S. Meriten Investment Management was founded in 1969 in Düsseldorf and has long established itself as one of the market-leading providers of special funds and fund management services in Germany.
About Charles River
Charles River provides an end-to-end solution to automate front and middle office investment management functions across asset classes on a single platform. The solution offers a simplified operating model that includes enterprise software, data, application management/upgrades, hosting and FIX network to improve investment professional productivity, control risk and lower technology costs. Charles River serves more than 350 investment firms in 43 countries.