Thailand’s Krung Thai Asset Management Public Co. Ltd. Live on Charles River IMS
February 3, 2016
Melbourne, Australia –
Charles River, a front and middle office investment management solution provider, today announced Krung Thai Asset Management Public Company Limited (KTAM), a leading asset management firm based in Bangkok, is live on the Charles River Investment Management Solution (Charles River IMS) across its domestic and international investments in equities, fixed income, derivatives and currencies. KTAM is also leveraging Charles River’s real-time pricing for Thai markets and its FIX Network for electronic trading and direct connectivity to domestic brokers.
“With Charles River, we have a single system that can support our business needs as we expand into new, more diversified investment strategies and asset classes,” said Chavinda Hanratanakool, Chief Executive Officer, KTAM. “Charles River IMS has increased productivity across our organization, reduced our risk, and helped our Portfolio Managers and Traders make better investment management decisions.”
“Charles River understands the unique needs of local asset managers across Asia-Pacific, and KTAM is our ninth client in Thailand to implement Charles River IMS,” said Cameron Field, Managing Director-APAC. “Our enterprise solution helps firms like KTAM streamline operations at a more predictable cost and increase satisfaction for end users.”
About Krung Thai Asset Management Public Company Limited
Krung Thai Asset Management Co, Ltd. was formed in August 1999 and is a state enterprise, with the majority shareholder with 99.99% of shares held by Krung Thai Bank Public Company Limited. KTAM provides investment management services to retail clients, institutions and large state enterprises and currently has assets under management of 608,772 Million Baht (January 2015).
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.