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Press Release

Canada’s EdgePoint Investment Group Implements Charles River IMS as a Hosted Service

August 6, 2015

Boston, MA – Charles River, a front and middle office investment management solution provider, today announced that EdgePoint Investment Group Inc. (EdgePoint), a global asset manager based in Toronto, is live on the hosted Charles River Investment Management Solution (Charles River IMS). EdgePoint users now have a single, fully managed solution for portfolio management, trading and compliance across its domestic and international equity and fixed income operations. EdgePoint also leverages Charles River’s broker neutral FIX network for global electronic trading.

Charles River’s front-to-middle office solution supports EdgePoint’s increasing trade volumes and business growth and enabled the firm to replace several platforms including consolidation of order and execution management systems.

“With Charles River’s flexible decision support tools, we’ve been able to increase productivity so our portfolio managers and traders can create and place trades more easily, saving time and improving execution,” said Craig Donoff, Head Trader, EdgePoint. “We’ve increased efficiencies and reduced our compliance risk throughout the investment management process. Since Charles River hosts and manages the application day-to-day, we can respond more quickly to investor and market demands, further fulfilling our best execution obligations.”

“Charles River has served Buy-Side firms across Canada for many years, and our hosted service gives clients like EdgePoint easy access to the latest capabilities,” said Tom Driscoll, Global Managing Director, Charles River. “Charles River takes care of the upgrades and ensures the necessary data which simplifies the system for the client at a more manageable and predictable cost.”

About EdgePoint Investment Group Inc.
EdgePoint Investment Group Inc. is the portfolio advisor for EdgePoint Wealth, an independent Canadian investment management firm that is owned and operated by investors whose goal is to build long-term wealth.

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.