Charles River Named Among the Top Global Financial Technology Providers
October 7, 2015
Boston – Charles River, a front and middle office investment management solution provider, has been named one of world’s leading financial technology providers by two prestigious industry rankings. Charles River earned No. 53 in the IDC Financial Insights FinTech Top 100 Rankings and No. 49 in the American Banker/BAI FinTech Forward list of the top 100 companies.
“These rankings recognize Charles River’s significant growth driven by our continued investment in providing clients with industry leading products and services,” said Tom Driscoll, Global Managing Director, Charles River. “Our clients include 30 of the top 50 and more than half of the top 100 investment managers globally. By leveraging an over $50 million annual R&D investment, and our diverse customer base, clients benefit from continuous expanded capabilities and technological innovations.”
The IDC Financial Insights FinTech Top 100 Rankings categorize and evaluate the top technology providers based on calendar year revenues from financial institutions for hardware, software and services. The FinTech Forward ranking is also based on the 2014 calendar-year revenues that the top 100 technology providers derive from financial services, and offers a forward-looking view of the strategic imperatives driving bank technology.
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. Delivered as a hosted service, the solution improves data quality and investment professional productivity, controls risk and lowers technology costs. Charles River serves more than 350 investment firms in over 40 countries in the institutional asset and fund management, private wealth, alternative investments, insurance, banking, and pension markets.