April 2023
Charles River® News & Updates

April 2023
Charles River® News & Updates

Spiros Giannaros, President & CEONote from Spiros Giannaros, President & CEO


We’ve finished the first quarter already and 2023 is shaping up to be another eventful year. At Charles River, we kicked off the year with several award wins, including Fund Intelligence for Best Cloud-Based Front-Office Solution and Fintech Breakthrough for Best Wealth Management Platform. We also announced that Krungsri Asset Management has migrated to cloud-based Charles River IMS for their front office operations. In total, we have migrated over 90 clients to the cloud and are actively working with more than 60.

During the first quarter, I traveled to EMEA and APAC to meet with clients and visit CRD colleagues in the regions. Spending time with clients and CRD colleagues allows me to hear your feedback and helps us find new ways to drive engagement. Partnering with our clients is an essential component of our business strategy – your input from meetings like this, and on our annual client survey, informs our product strategy. To that end, I want to take a moment and tell you about some of our product development priorities for the year.

We are continuing to expand our fixed income capabilities across the front office, focusing on rationalizing and integrating data in the State Street Alpha Data Platform, providing holistic views for portfolio managers and traders, and deepening and expanding partnerships with 3rd party providers.

Wealth is another area of strategic focus for 2023, where we are expanding our established platform for wealth managers and advisors to respond to a growing trend in the market around customization. Retail investors increasingly want their investment portfolios to work smarter for them by better reflecting their values or tax needs. To help our clients meet this demand, we launched Tailored Portfolio Solutions, which provides the ability to customize portfolios at scale. I would encourage you to watch our recent webinar on Portfolio Personalization and Direct Indexing to learn more. Enhancements for 2023 center around expanding the capabilities of Tailored Portfolio Solutions and the Wealth Hub, our communication and distribution platform for sponsors and managers.

Industry events are fully back in person for 2023, and it has been a busy conference season so far. In the Wealth space, we attended FSI OneVoice, Exchange ETF, and BISA. More recently, we attended InvestOps 2023 and the MMI Summit. Looking ahead we will be attending TradeTech in Paris in April and TSAM in London in June. It’s going to be a busy and exciting year and we look forward to another year of partnership with you.

CRD Academy

Looking to build your knowledge of Charles River IMS? Need a refresher?

Gain firsthand knowledge from the subject matter experts who work with clients every day. Interactive courses are available onsite at Charles River’s (CRD) Learning Center and remotely, minimizing time away from the office. Take a look at CRD Academy for both remote and onsite courses you can take.


Thought Leadership

Advocating for Equity
To celebrate International Women’s Day, Ruby Chiu, Head of Client Management sat down to discuss her career in fintech, lessons she has learned, and what led her to launch our chapter of the Professional Women’s Network.

Viewpoint: Portfolio Customization in Wealth Management
Customizing portfolios have surged in popularity – what are the circumstances and industry shifts that have propelled this trend? Charles River and Qontigo convened to discuss those drivers, past obstacles to portfolio customization, and how to best leverage technology to provide customized portfolios.

The Future of Data Management
See our latest Speaking of Alpha blog post about the benefits of an effective data management strategy.

Empowering Asset Managers through Data Driven Transformation
Asset managers are rethinking their operating models to address data management challenges and support new opportunities during a of time of rapid and intense change across the industry.

State Street AlphaSM & FactSet
State Street’s partnership with Factset provides clients with differentiated analytics and data sources across the investment lifecycle. In this video, Chris Ellis and Bruce J. Feibel, CFA discuss the partnership.

The Evolution of Superannuation Operating Models
Learn about the key operational areas impacting superannuation funds, how operating models are evolving, and how investment and operations teams are addressing these challenges.

News & Updates



Krungsri Adopts Charles River’s Strategic Cloud Solution

Charles River has announced that Krungsri Asset Management Co Ltd., a leading Thai asset management firm and long-term client, has transitioned their front office operation to Charles River’s cloud-based platform.


Direct Indexing as a Prospecting Tool

Charles River’s Head of Wealth, Randy Bullard, spoke on direct indexing at the recent ETF Exchange conference. Read this InvestmentNews article about the session with Randy’s perspective on how direct indexing benefits more than just the wealthiest retail investors.




Direct Indexing as a Prospecting Tool

Charles River’s Head of Wealth, Randy Bullard, spoke on direct indexing at the recent ETF Exchange conference. Read this InvestmentNews article about the session with Randy’s perspective on how direct indexing benefits more than just the wealthiest retail investors.

FinTech Breakthrough Award Winner Best Wealth Management Platform
WealthBriefing WealthTech Americas Awards 2023 Best Portfolio and Wealth Management
FI Ops and Services Awards 2023 - Winner - Best Cloud-Based Front-Office Solution
WealthBriefing European Awards 2023
Asia Asset Management Best of the Best Awards - Best Investment Management Technology Provider Winner

Webinar & Event Highlights

We’ve kicked off 2023 with a robust Explore & Learn schedule! If you have missed any of our recent webinars, you can watch the replays below. Industry conferences are also returning – please join us at some of these upcoming events!

EDM in State Street Alpha Data Platform

Enterprise Data Management (EDM) capabilities in the State Street Alpha Data Platform (ADP) help clients manage and master the data required to inform their portfolio management, risk, trading and compliance processes. Join Charles River for an overview of the ADP and a detailed discussion and demonstration of our EDM capabilities.

Partner Highlights

Evolution of the Charles River and Qontigo Partnership

The Charles River and Qontigo partnership has provided firms with actionable performance and risk analytics across the investment lifecycle.

Experts discuss the synergies derived from the partnership as well as current events surrounding recent market volatility and bank failures, and solutions to manage these complex circumstances.

The Evolution of the Charles River and MSCI Partnership

Our partnership has enabled asset managers to quickly implement risk-informed investment decisions, provide a consistent view of risk and performance analytics, and unlock operational efficiencies through a common data infrastructure.

Product experts discuss the partnership synergies, how they innovate to help solve client challenges, and what’s on the horizon.

Product Highlights

Fixed Income Trading in Charles River IMS

On a daily basis, fixed income portfolio managers and traders contend with ever-changing geopolitical turmoil and volatile markets while striving to meet best execution. Join us as we discuss themes and trends in the market, and how the latest Charles River fixed income trading capabilities support managers and traders.

Portfolio Personalization & Direct Indexing

Direct indexing and other forms of portfolio personalization are continuing to gain market share and have significant potential for industry disruption. We drill down into the specific value proposition of portfolio personalization, the considerations and advantages, and specific use cases through Tailored Portfolio Solutions.

Leveraging Collateral Management Capabilities

In today’s volatile financial markets, a resilient, fully integrated solution is more important than ever to meet regulatory requirements and mitigate risk. Charles River offers embedded collateral management capabilities across the entire collateral lifecycle, supporting margin exchange on all product types in one place.

Portfolio Management & Risk Analytics

Portfolio managers need efficient and scalable technology capabilities to thrive in volatile markets. Charles River’s Portfolio Management & Risk Analytics provides a centralized and flexible solution to enhance efficiency and streamline processes across the investment lifecycle. See our coverage of the product’s evolution & strategic direction.

TradeTech 2023

TradeTech Europe 2023

Learn, network and collaborate with Europe’s leading buy side heads of equity trading.

Join our panel to hear Vidya Guruju discussing the best approach for implementing a true multi-asset EMS workflow and how to build a multi-asset strategy from a legacy framework to intelligent automated trading.

April 17-19, 2023
Paris, France
Register Now

Cassini London Briefing

London Briefing: Collateral Resilience, Liquidity Management, and Revenue Generation

Cassini, State Street, and Tonic are pleased to invite you to our upcoming London Briefing event. The interactive discussion, attended by your peers as well as industry partners, will be followed by networking drinks.

April 25th, 2023
London, UK
Register Now

2023 MMI Emerging Asset Managers Forum

MMI Emerging Asset Managers Forum

Open to members and non-members! A series of small-group roundtable discussions that put you face-to-face with representatives from leading wirehouse, national, TAMP and other sponsor firms. Hear from experts and leaders on the critical distribution, product, and op issues that are top of mind with asset managers.

May 11-12, 2023
Denver, CO
Register Now

Snowflake Summit 2023

Snowflake Summit

Data engineers, data scientists, app developers and others continue to thrive thanks to a decade of technology breakthroughs.

Hear all about the latest innovations coming to the Data Cloud, and learn from hundreds of technical, data, and business experts about what’s possible for our organization in a world of data collaboration.

June 26-29
Las Vegas, NV
Register Now

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