Press Release

Chevy Chase Trust Company Deploys Charles River IMS for High Net Worth and Institutional Business Lines

November 20, 2017

Boston — November 20, 2017 — Chevy Chase Trust Company (Chevy Chase Trust), an independently owned investment management firm based in the Washington, D.C. area, has chosen the Charles River Investment Management Solution (Charles River IMS) as the enterprise investment management platform for its high net worth and institutional businesses. The SaaS-based platform will support Chevy Chase Trust’s front and middle office in managing domestic fixed income and global equities.

Chevy Chase Trust will utilize Charles River IMS for portfolio management, trading, performance measurement and attribution, and post-trade processing. Charles River’s centralized portfolio management workspace provides portfolio construction, PMA and scenario analysis capabilities with integrated analytics. Its combined OMS and EMS functionality enables traders to work more productively from a single trading blotter. Charles River will supply fully managed reference data and benchmark data.

“Charles River stood out for its expertise in both the wealth management and institutional market segments, as well as its strong support for both fixed income and equity portfolio management,” said Lynn Panagos, Chief Client Services and Operations Officer at Chevy Chase Trust. “Implementing an enterprise platform with this level of capability will help our portfolio managers enhance their use of analytics in the investment process, and gives our traders better decision support and execution capabilities.”

“Firms like Chevy Chase Trust can reduce costs by consolidating business lines on one platform and decommissioning a number of third-party systems,” said Tom Driscoll, Global Managing Director, Charles River. “However the big benefit of our software as service is providing portfolio managers and traders with the decision support capabilities needed to make top notch investment decisions while controlling compliance and risk.”

About Chevy Chase Trust company
Chevy Chase Trust is a privately owned investment management firm specializing in unique global thematic research and conflict-free advice and planning for high net worth individuals, families and institutions.  Headquartered just outside of Washington D.C., the firm has more than 90 professionals averaging 20 years of experience, and a client retention rate of more than 98%.  The firm is a thought leader and performance leader in global thematic investing. For more information, please visit

About Charles River
Charles River enables sound and efficient investing across all asset classes.   Over 350 firms worldwide use Charles River IMS to manage more than US$25 Trillion in assets in the institutional investment, wealth management and hedge fund industries. Our Software as a Service-based solution automates and simplifies investment management on a single platform – from portfolio decision support and risk management through trading and post-trade settlement, with integrated risk and compliance throughout. Headquartered in Burlington, Massachusetts, we support clients globally with more than 750 employees in 11 regional offices. For more information, please visit