Charles River Development Expands Integrated Real-Time Market and Reference Data by Teaming with Thomson Reuters
Expanded integration delivers enhanced capabilities across multiple asset classes.
Boston, London, Melbourne, New York, Paris, Singapore and Tokyo — April 23, 2009 — Charles River Development, an award-winning provider of financial software and services to the global investment management community, today announced that the Charles River Investment Management System (Charles River IMS) is fully integrated with Thomson Reuters Market Data System. Charles River IMS clients can benefit from this full integration which delivers comprehensive, global real-time exchange, contributed, and reference data with greater control over exchange rights and entitlements.
The collaboration with Thomson Reuters provides Charles River IMS users with direct access to streaming real-time market data from 50 premium low latency venues, in addition to more than 300 markets available via Thomson Reuters real-time feed solutions. For reference data, clients can now perform intra and end-of-day updates to new and existing securities, with access to pricing and corporate actions data across multiple asset classes spanning more than 125 countries. This includes contributed pricing from over 600 sources and 131 exchanges, as well as fixed income evaluated pricing for over 1.8 million US and global securities.
According to Tom Driscoll, Vice President, Sales and Marketing, Charles River Development, “This enhanced relationship provides clients with seamless access to Thomson Reuters’ global, integrated real-time and reference data, ensuring greater flexibility and choice of data providers for managing workflows.”
Mike Powell, Global Head of Enterprise Information, Thomson Reuters, said: “Thomson Reuters is dedicated to delivering integrated industry leading content, technologies and capabilities to the global financial community. Our relationship with Charles River is an endorsement of our commitment to providing investment management firms with rich data that allows them to power business critical applications, generating greater returns and improving operational efficiency.”
Additionally, Charles River IMS supports context-sensitive navigations to Reuters 3000 Xtra enabling clients to create custom navigations for specific securities information, such as news, prices, charts, analytics and time series.
About Charles River Development
Charles River Development is an award-winning provider of technology systems and services to over 315 investment firms in the institutional, mutual fund, banking, hedge fund, wealth management, insurance and pension industries in more than 30 countries. 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 Trader for order management and electronic trading; Charles River Compliance for real-time pre-trade and end-of-day compliance; 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. Founded in 1984, Charles River maintains headquarters in Boston and primary offices in London, Melbourne, New York, Paris, Singapore and Tokyo.
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