C.S. McKee Selects Charles River Development for Equity and Fixed Income Operations and Electronic Trading
Boston, London, Melbourne, New York, Paris, Singapore and Tokyo – September 17, 2009 – Charles River Development (Charles River), a front- and middle-office software solutions provider for investment firms, today announced that C.S. McKee, a Pittsburgh-based, full service institutional money manager, has selected the Charles River Investment Management System (Charles River IMS) for automated front- and middle-office support of its Equity and Fixed Income investment management operations. C.S. McKee users will benefit from extensive portfolio management tools, streamlined trade order and execution management, and real-time pre- and post-trade compliance monitoring, on one integrated platform. The firm will also leverage the Charles River Network for real-time, global electronic trading via FIX (Financial Information eXchange).
About C.S. McKee
C.S. McKee, L.P. is an independent registered investment advisor, specializing in institutional investment management services, utilizing a variety of investment strategies and styles. The firm, consisting of 38 employees, manages pension funds, profit-sharing plans, reserve funds, endowments and other financial assets for municipalities, unions, corporations, foundations, hospitals, schools, religious organizations and other institutions. Founded in 1931, the Pittsburgh-based firm of professional managers has more than USD$8.7 billion under management (as of September 14, 2009) in over 400 equity, fixed income, and balanced portfolios.
About Charles River Development
Charles River Development is a front- and middle-office solutions provider to over 300 investment firms in the institutional, wealth management/trust, alternative, mutual fund, insurance, pension fund and fund administration/custody industries in 30 countries. The Charles River Investment Management System is a multi-asset, multi-currency software suite 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 fully-integrated, broker-neutral Charles River Network.
The company also offers implementation, application management services and hosting solutions. 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. 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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