Press Release
Charles River Receives WealthBriefing Asia ‘Best Portfolio Management’ Award for 2018
June 7, 2018
Singapore — June 7, 2018 — Charles River Development has won “Best Portfolio Management Solution” at this year’s WealthBriefing Asia Awards. Presented on 31st May in Singapore, this is the second wealth management award this year recognising the Charles River Investment Management Solution (Charles River IMS). These awards recognise companies, teams and individuals the judges consider having demonstrated innovation and excellence during 2017.
“The wealth management industry globally is undergoing significant change, and firms are increasingly turning to technology to help meet competitive and regulatory challenges,” said Cameron Field, Asia Pacific Managing Director, Charles River. “We are seeing more commonality between wealth and institutional requirements, and our solution provides the capabilities and flexibility to support both, so firms can achieve much higher productivity and significant cost savings by managing all of their products and business lines on a single platform.”
Charles River’s wealth management solution supports a broad range of investment products across the entire investment lifecycle. From model management, asset allocation, and risk, through to trading, settlement and position keeping, Charles River IMS helps firms increase efficiency and reduce cost and risk by consolidating disparate systems.
Charles River has won numerous awards for portfolio management, trading and compliance. In addition to being named ‘Best Portfolio Management Solution’ at the WealthBriefing Awards in Geneva this February, Charles River IMS was also named “Best Buyside Compliance Product” at the Buy-Side Technology Awards 2017, December, 2017.
About Charles River
Charles River enables sound and efficient investing across all asset classes. Investment firms in more than 40 countries 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, including a Singapore office established in 2000. For more information, please visit www.crd.com.