Charles River Adds Global Equity and Fixed Income Benchmarks to Managed Data Service
April 8, 2014
Boston Charles River, a front and middle office investment management solution provider, has expanded the Charles River Data Service to provide constituent-level benchmark data delivered daily from many of the world’s leading equity and fixed income benchmark data providers, integrated with the Charles River Investment Management Solution (Charles River IMS). Now live with clients, the benchmark data offering is the latest in a series of enhancements to the Charles River Data Service, which also offers batch reference and issuer data, real-time pricing and new security setup.
“Front-office systems consume enormous quantities of data, and Charles River alleviates many of the challenges, complexities and cost of data management by integrating these data sources to provide more complete, accurate data throughout the trade lifecycle,” said Brad Haigis, Director, Charles River Data Service. “Our ability to provide integrated benchmark data enables clients to perform portfolio management, trading, performance measurement and compliance functions more readily. The Charles River Data Service distributes benchmark data to clients’ systems and includes firm-specific data categories and classifications, which is critical to their investment management activities.”
The Charles River Data Service aggregates data from multiple sources and directly feeds it ‘hand-in-glove’ into Charles River IMS. It is an integral part of Charles River’s Software as a Service (SaaS) solution and is also available to legacy client-hosted environments.
About Charles River
Charles River provides an end-to-end solution to automate front and middle office investment management functions across asset classes on a single platform. The solution offers a simplified operating model that includes enterprise software, data, application management/upgrades, hosting and FIX network to improve investment professional productivity, control risk and lower technology costs. Charles River serves more than 350 investment firms in 43 countries in the institutional asset and fund management, private wealth, alternative investments, insurance, banking, and pension markets.