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Press Release

Charles River IMS Wins Best Buy-Side Portfolio Management System at the Waters Rankings Awards 2019

July 11, 2019

Boston — July 11, 2019 —Charles River, a State Street Company and provider of the Charles River Investment Management Solution (Charles River IMS), has been recognized as the “Best Buy-Side Portfolio Management System”  at this year’s Waters Rankings awards. These annual awards promote leading vendors in their area of expertise and are selected exclusively by WatersTechnology readers, which span a range of buy- and sell-side investment professionals.

Charles River IMS is a highly scalable, multi-asset portfolio management solution that enables asset managers to support large and complex institutional portfolios. A shared view of portfolio exposures and holdings promotes collaboration and helps firms respond faster to market opportunities. Portfolio managers can monitor performance and attribution, conduct historical trend analysis, and analyze multiple scenarios incorporating compliance limits to determine portfolio impact.  The Charles River IMS platform supports internal and third-party factor models, data and analytics, enabling firms to meet their unique investment demands.

“The world’s leading investment firms, wealth managers and hedge funds use Charles River IMS to manage their investment process, from portfolio construction and risk analytics through to post-trade and compliance,” said John Plansky, CEO, Charles River. “This latest award recognizes the commitment we’ve made to our clients, underpinned by Charles River’s significant ongoing investment in R&D and the build-out of our third-party provider ecosystem.”

Charles River IMS has won several awards this year for portfolio management, compliance and trading, including FinTech Breakthrough’s “Best Institutional Investment Platform” and Fund Technology’s “Best Trading Platform – Overall.”

About WatersTechnology

WatersTechnology is the financial services industry’s premier provider of technology and data-related information. With so much changing in the data and technology industries, market participants need up-to-date, trusted intelligence and analysis on what these developments mean for their companies, their careers, their clients, and their competitors. WatersTechnology reports, analyses and informs its readers about the latest business and technology developments, people moves and company developments, and crucial regulatory updates. We don’t just provide you with the facts – we investigate topics in detail, assess the implications of industry developments, speak with practitioners, and produce in-depth, analytical articles. For more information please visit www.WatersTechnology.com.

About Charles River, a State Street Company

Charles River Development, a State Street Company, 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 (SaaS) is designed to automate and simplify investment management on a single platform – from portfolio management and risk analytics through trading and post-trade settlement, with integrated compliance and managed data throughout. Headquartered in Burlington, Massachusetts, we support clients globally with more than 925 employees in 11 regional offices. For more information, please visit www.crd.com.

*As of April 2019

About State Street Corporation

State Street Corporation (NYSE: STT) is one of the world’s leading providers of financial services to institutional investors, including investment servicing, investment management and investment research and trading. With $32.6 trillion in assets under custody and administration and $2.8 trillion* in assets under management as of March 31, 2019, State Street operates globally in more than 100 geographic markets and employs approximately 40,000 worldwide. For more information, visit State Street’s website at www.statestreet.com.

* Assets under management include the assets of the SPDR® Gold ETF and the SPDR® Long Dollar Gold Trust ETF (approximately $33 billion as of March 31, 2019), for which State Street Global Advisors Funds Distributors, LLC (SSGA FD) serves as marketing agent; SSGA FD and State Street Global Advisors are affiliated.

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