Thailand’s Thanachart Fund Management Selects Charles River IMS and Integrated FIX Network
August 07, 2014
Melbourne – Charles River, an enterprise-wide, front and middle office investment management solution provider, today announced that Thanachart Fund Management Co., Ltd. (Thanachart Fund) has selected the Charles River Investment Management Solution (Charles River IMS) and global FIX network for automated portfolio management, trading and compliance monitoring.
Thanachart Fund will use Charles River IMS across its domestic and international equity, fixed income, and foreign exchange operations, enabling it to improve the efficiency of its front office and make better investment decisions. The Charles River Network with complete FIX administration ensures seamless, reliable electronic trading for the entire trading lifecycle.
“Charles River IMS allows us to streamline our investment management processes, from decision support through to execution and settlement,” said Tragoolchitr Jittasaiyapan, Chief Investment Officer, Thanachart Fund Management. “With Charles River’s FIX network, we are able to improve our business efficiencies.”
“Charles River has been supporting client firms in Thailand for over nine years and Charles River IMS is a proven solution in the Thai market,” said Cameron Field, Managing Director-APAC, Charles River. “With the fully integrated Charles River Network and FIX administration, support for Thai bonds and cash management, as well as flexible integration to most back-office systems, Charles River IMS will help Thanachart Fund to simplify operations and boost its trade efficiency.”
About Thanachart Fund Management
Founded in 1992, Thanachart Fund offers a wide range of services and funds to cater to the needs of retail, large-scale, or institutional investors in the financial and capital markets. It is licensed to offer services in the management of mutual, private, and provident funds. Thanachart Fund is a subsidiary of Thanachart Bank, one of the largest banks in Thailand, and the firm has around THB 156,613 million of total assets under management, as of June 2014.
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