News
The Bulletin Board below contains recent press releases issued by Charles River Development as well as news items and articles written by, or about Charles River Development. Click here for Bulletin Board Help
For Media Inquiries please contact Marta von Loewenfeldt, Manager, Public Relations at +1 781 425 3032 or e-mail MartavonLoewenfeldt@crd.com
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Charles River Expands Brazil Presence
Excerpt from Advanced Trading highlighting Charles River’s expansion in Sao Paulo, Brazil, offering implementation, consulting and support services for regional clients.
Charles River Development has expanded its regional presence in Sao Paulo, Brazil with local, multi-lingual representatives providing implementation, consulting and support services for regional clients and prospects.
In a company statement, Manuel Astiasaran, Director of Operations in Latin America for Charles River, said, "Our expanding client base reflects Latin America's changing regulatory climate. Heavy regulation limiting investment to domestic securities has been relaxed, such as the 2009 regulation from Brazil's Commisso de Valores Mobilirios, making way for international investments. This has increased buy-side demand for front- to middle-office systems that automate domestic and international investment operations."
The Charles River Investment Managing System (IMS) is available in Portuguese and Spanish and supports region-specific security types and workflows, including Mexican corporate and government bonds, as well as Brazil's CDI-linked debentures and complex inflation-linked government notes.
The Charles River IMS includes pre-built compliance libraries with rules across 35 regulatory bodies in 20 countries, including rule libraries for Mexico, Brazil and Chile.
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