The Charles River Network is a fully managed private financial network providing Charles River IMS clients with real-time FIX-based electronic connectivity to the global institutional investment community. Built on the BT Radianz global network backbone, the Charles River Network is reliable, secure, and scalable, and provides low-latency connectivity to all major trading venues worldwide. Through its FIX Network Service, Charles River provides complete FIX software administration, testing and certification, and connectivity management on the asset manager’s behalf. Due to tight integration with Charles River IMS, dealers can route orders directly to electronic trading destinations from the blotter and systems personnel can make just one telephone call to Charles River for all software functionality, FIX network and software management, and FIX connection status.

• Secure access to over 11,000 network endpoints globally including brokers, ECNs, ATSs, fixed income and FX trading facilities, and more
• Support for advanced FIX trading techniques, including programs, lists, broker-supplied algorithms, and more
• FIX Toolbar in Charles River IMS provides quick 'select and send' access to liquidity destinations directly from the Charles River Trader blotter
• Automatic FIX order routing using customizable Charles River IMS rules engine
• FIX IOIs, fills, real-time pricing, trade status, and FIX connection status displayed in the Charles River Trader blotter
• A point-to-point architecture with end-to-end connectivity status and monitoring typically unavailable with hub-and-spoke solutions
• Customized FIX message mapping to take advantage of brokers’ special feature offerings
• Comprehensive FIX Network service including FIX software administration, testing and certification with each destination, and connectivity management

Technology and Infrastructure

Investment managers on the Charles River Network each have resilient telecommunications links to the core network, which is a conduit for dedicated and direct FIX software communications with counterparties. This point-to-point network model reduces telecommunications costs, provides complete visibility of FIX connections, and offers maximum security and integrity of transactions.

• Reliable, proven extranet for mission-critical trade order routing and data services
• No single point of failure or potential for message bottlenecks
• Fully resilient network infrastructure
• High availability—99.99% globally