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Press Release

RIA South Texas Money Management Live on Charles River IMS as a Hosted Service

October 15, 2015

Boston – Charles River, a front and middle office investment management solution provider, today announced that registered investment advisory firm South Texas Money Management (STMM) is live on the Charles River Investment Management Solution (Charles River IMS) delivered as a hosted service. STMM users have a fully managed solution for portfolio management, trading, trade compliance and post-trade processes across the firm’s equities and fixed income operations. STMM also leverages Charles River’s Data Service, broker neutral FIX Network for electronic trading, and new portfolio manager workbench.

The implementation enabled STMM to improve operations by providing a single more robust trade order management platform. Automating pre- and post-trade compliance monitoring, new security set-up, characteristic-based fixed income security trading, and other activities saves the firm hours of manual processing time each day.

“Charles River IMS makes our portfolio managers and traders significantly more productive by eliminating some of the previously manual processes and reducing the time spent between portfolio management decisions and trade execution,” said Teri Grubb, COO, STMM. “Flexible decision support tools and integrated data make it easy to manage complex tax-efficient strategies and handle our large number of accounts without compromising our commitment to individualized service for our clients. And with Charles River hosting the service, we can focus on providing high-touch service to our clients.”

“Charles River’s software-as-a-service approach enables firms like STMM to access the latest functionality faster, improve data quality, and streamline operations at a more predictable cost,” said Tom Driscoll, Global Managing Director, Charles River. “Our operating model delivers the right combination of capabilities, integrated data, services and technology to meet client requirements, both now and as their business evolves and grows.”

About South Texas Money Management
STMM was founded in 2000 by Jeanie Wyatt, CFA®. As of September 30, 2015, STMM managed approximately $2.6 billion in assets including equity, fixed income, and balanced asset classes for individuals, trusts, retirement plans, charitable foundations and endowments, as well as for bank trust departments and other institutions. Based in San Antonio, STMM has additional offices in Austin, Houston, Dallas and Corpus Christi. Media Contact: Josie Dorris, Director of Marketing, (210) 824-8916 or jdorris@stmmltd.com. For more information about STMM please visit www.stmmltd.com

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.