Charles River Development Wins Buy-Side Technology’s “Best Buy-Side OMS” and “Best Integrated Front-Office Platform” Awards for 3rd Consecutive Year
Single, consolidated platform streamlines workflows and lowers costs and risks for buy-side firms
Boston, Beijing, London, Melbourne, New York, Paris, Singapore and Tokyo – October 20, 2009 – Charles River Development, a front- and middle-office software solutions provider for investment firms, today announced that the Buy-Side Technology Awards 2009 has named the Charles River Investment Management System (Charles River IMS) “Best Buy-Side Order Management System” and “Best Integrated Front-Office Platform” for the third consecutive year.
“Once again, these awards validate Charles River IMS as the leading investment management solution for buy-side firms – across all asset classes, currencies and countries,” said Peter Lambertus, President and Chief Executive Officer, Charles River Development. “Our continued R&D investment helps buy-side firms improve trading efficiency, streamline operations and comply with growing regulatory requirements through a single, consolidated platform.”
Judges for the Buy-Side Technology Awards 2009 included leading buy-side-focused technology consultancy firms. These experts selected Charles River based on performance and innovation in the areas of integrated order management and execution management capabilities, portfolio management, derivatives support, real-time pre- and post-trade compliance, and global FIX trading.
The two Buy-Side Technology awards follow Charles River’s recent recognition for “Best Risk Management System” by the AsianInvestor 2009 Service Provider Awards.
About Charles River Development
Charles River Development is a front- and middle-office software solutions provider for investment firms, serving over 300 clients in 30 countries representing the institutional, wealth management/trust, alternative, mutual fund, insurance, pension fund and fund administration/custody markets. The Charles River Investment Management System is a comprehensive front- and middle-office software suite for all asset classes that includes: Charles River Manager for portfolio management and modeling; Charles River Compliance for real-time pre-trade, post-execution, and end-of-day compliance; Charles River Trader for order management, electronic trading and execution management; and Charles River Post-Trade for the centralized management of trade matching, confirmation, and settlement workflow.
The system incorporates global real-time electronic trading via FIX (Financial Information eXchange) through the Charles River Network, a broker-neutral financial network that is fully integrated with Charles River IMS.
Charles River IMS features a modern, proven, N-Tier service oriented architecture (SOA) that is highly scalable and supports continuous 24x7 operations. Message-based APIs and exposed Web Services facilitate rapid systems integration.
The company also offers implementation, application management services and hosting solutions. Founded in 1984, Charles River maintains headquarters in Boston and primary offices in Beijing, London, Melbourne, New York, Paris, Singapore and Tokyo and has a local presence in every other major financial center of the world.
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