Luxembourg’s BCEE Live on Charles River IMS for Multi-Asset Portfolio Management
March 18, 2014
London — Charles River, an enterprise-wide, front and middle office investment management solution provider, today announced that BCEE Asset Management (BCEE-AM), a subsidiary of state-owned Banque et Caisse d’Epargne de l’Etat, Luxembourg, is live on the Charles River Investment Management Solution (Charles River IMS) for automated portfolio management and compliance across its Equity, Fixed Income, and Foreign Exchange operations.
Charles River IMS improves decision making and productivity for portfolio managers by combining all analysis and construction activity in a common view and platform. Users can evaluate portfolio strategies and conduct ‘what if’ analysis and benchmark comparisons. A comprehensive compliance rules library and advanced rule-building tools help firms meet strict internal controls and directives, such as UCITS IV.
“Charles River has eliminated our Portfolio Managers’ reliance on outdated front-office technology and reduced the use of spread sheets,” said Claude Hirtzig, Conducting Officer, BCEE-AM. “We now can make better investment decisions and more easily adhere to all company and regulatory mandates by automatically monitoring every step of the trade process.”
“Our solution gives firms, like BCEE-AM, the ability to manage all portfolios across asset classes in a central workspace,” said Stephen Butcher, Managing Director-EMEA, Charles River. “We bring together the tools and data Portfolio Managers need to get off Excel, reduce risk, and have better, real-time communication with Traders.”
About BCEE Asset Management
BCEE Asset Management (BCEE-AM) began operations in April 2006, still under the name of Lux-Investment Advisors SA as independent management company. BCEE-AM acts as an advisor for the private bank BCEE, as well as other clients and manages institutional mandates. BCEE-AM also offers its services in risk management. BCEE-AM is currently responsible for managing more than 50 compartments and institutional portfolio totaling more than EUR 4 billion in net assets. Funds under management spans all traditional asset classes like stocks, bonds, money market instruments and funds of funds.
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.