Press Release

Charles River Ranked Among the Top Global Financial Technology Providers

November 10, 2016

Boston, MA – Two prominent industry rankings have named Charles River Development as one of world’s leading financial technology providers. Charles River earned No. 53 in the 2016 IDC Financial Insights FinTech Top 100 Rankings and No. 50 in the American Banker/BAI 2016 FinTech Forward.

“We’re focused on providing clients with industry leading products and services, and these rankings recognize this commitment,” said Tom Driscoll, Global Managing Director, Charles River. “Half of our more than 750 employees work in R&D, and we’ve invested $250 million over the last 10 years to provide clients with continuous innovation to grow and retain assets.”

Charles River has been meeting the needs of buy-side firms since 1984:

  • Privately owned, consistently profitable and debt-free
  • Clients include half of the top 100 global firms
  • Clients manage US$25 Trillion across multiple lines on our platform everyday
  • Supports over 25,000 professionals worldwide

The IDC Financial Insights FinTech Top 100 Rankings 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 2015 calendar-year revenues derived 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. Software as a Service (SaaS) deployment simplifies client operations, 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.