Press Release
Thailand’s Thanachart Fund Management Is Live on Charles River’s Enterprise Solution and Integrated FIX Network
January 20, 2015
Melbourne – Charles River, an enterprise-wide, front and middle office investment management solution provider, today announced that Thanachart Fund Management Co., Ltd. (Thanachart Fund) is live on the Charles River Investment Management Solution (Charles River IMS) and integrated FIX Network.
Thanachart users across the firm’s domestic and international equity, fixed income and foreign exchange operations in Bangkok, benefit from automated portfolio management, trading, and compliance monitoring, as well as direct connectivity with brokers for local Thai and global electronic trading.
“Charles River IMS has streamlined our processes, making portfolio managers and traders more productive, and optimizing compliance workflows across our firm,” said Tragoolchitr Jittasaiyapan, Chief Investment Officer, Thanachart Fund Management. “We can ensure better investment decisions throughout the trading day, and we’ve improved trading efficiency by having direct access to brokers through the Charles River FIX Network.”
“Charles River has supported asset management firms in Thailand for a decade, and we understand the country’s unique investment instruments and regulatory requirements,” said Cameron Field, Managing Director-APAC. “Our single platform solution helps firms, like Thanachart, automate manual processes, reduce operational risk and costs, and support business growth across all of their asset classes.”
About Thanachart Fund Management
Founded in 1992, Thanachart Fund offers a wide range of services and funds to cater to the needs of retail, large-scale, or institutional investors in the financial and capital markets. It is licensed to offer services in the management of mutual, private, and provident funds. Thanachart Fund is a subsidiary of Thanachart Bank, one of the largest banks in Thailand, and the firm has around THB 156,613 million of total assets under management, as of June 2014.
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. Delivered as a hosted service, the solution offers a simplified operating model that improves investment professional productivity, controls risk and lowers technology costs. Charles River serves more than 350 investment firms in 44 countries in the institutional asset and fund management, private wealth, alternative investments, insurance, banking, and pension markets.