Exoé Selects Charles River’s Multi-Asset Investment Management Solution as a Hosted Service
June 22, 2016
London – Charles River, a front and middle office investment management solution provider, today announced that Exoé S.A. (Exoé) an outsourced trading and execution specialist in Paris, has selected the Charles River Investment Management Solution (Charles River IMS) delivered as Software as a Service (SaaS). Exoé users will have a single, cross-asset order and execution management (OEMS) platform that can support the firm’s increased trade volumes and number of accounts.
Exoé is replacing internal systems with Charles River’s multi-asset OEMS to manage all client trade flow and support coverage of sophisticated derivatives and fixed income instruments. Charles River’s compliance engine will also help ensure that Exoé maintains the highest level of investment controls.
“Charles River IMS allows us to offer our institutional clients best execution strategies and processes equal to those of the world’s leading asset managers,” said Jean-Francois Dudognon, Managing Director, Exoé. “Having a single, multi-asset platform will increase efficiencies and productivity across our organization, and reduce our compliance risk throughout the order management process.”
“Our SaaS-based solution solves the two biggest challenges for front and middle office systems: the software is always kept up to date, and the necessary data is fed to the system,” said Tom Driscoll, Global Managing Director, Charles River. “Having a single, OEMS platform seamlessly integrated with data, FIX connectivity and trade analytics helps firms improve the quality of execution.”
About Exoé S.A.
Established in 2006, Exoé is an independent investment firm authorized and regulated by ACPR and AMF.
Exoé acts as an outsourced dealing desk: for institutional asset managers, centralization of orders through a dedicated hub means efficiency, performance and client’s best interest. Exoé’s solution provides access to all market liquidity, the highest compliance standards and a complete set of reporting/monitoring tools, for a higher level of “best execution”. Proximity and spirit of service enable our customers to rely on a passionate partner to focus on alpha generation and stock picking.
About Charles River
Charles River provides an end-to-end solution to automate the front and middle office investment management process 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.