Press Release

Charles River Awarded “Best Portfolio Management Solution” at WealthBriefing Swiss Awards 2020

February 10, 2020

London February 10, 2020 — Charles River Development has won “Best Portfolio Management System Provider” at the WealthBriefing Switzerland Awards 2020. Presented on February 6th in Geneva, WealthBriefing recognizes technology vendors that develop innovative solutions for wealth management firms and private banks.

Charles River’s wealth management solution supports the entire investment lifecycle, from model management, asset allocation, and risk, through to trading, settlement and position keeping. Multi-asset/multi-currency capabilities and support for region-specific frameworks and products, including separately managed accounts, sub-advised mandates, Rep as PM, and private banking, enable firms to manage all products on one platform and accelerate introduction of new offerings.

“Wealth managers and private banks globally use Charles River to make more informed investment and de-risking decisions,” said Gavin Lavelle, EMEA Managing Director, Charles River. “By providing a single desktop for portfolio construction and risk management, portfolio managers can work more productively and focus on delivering differentiated services and products to their clients.”

WealthBriefing rewards achievement and showcases top class performance and innovation, judged by an independent panel of technology experts drawn from both private banks and trusted advisors/consultants. Charles River has won numerous industry accolades for both institutional and wealth product lines. This year’s award marks the third WealthBriefing Switzerland win for portfolio management in the past four years.

About Charles River, A State Street Company
Investment firms, asset owners, wealth managers, hedge funds and insurers in more than 30 countries rely on Charles River’s front and middle office investment management platform to manage more than US$30 Trillion in assets. Together with State Street’s middle and back office capabilities, Charles River’s software technology forms the foundation of State Street Alpha℠ platform. The Charles River Investment Management Solution (Charles River IMS) is designed to automate and simplify the institutional investment process across asset classes, from portfolio management and risk analytics through trading and post-trade settlement, with integrated compliance and managed data throughout. Charles River’s growing partner ecosystem enables clients to seamlessly access external data and analytics, applications and liquidity venues that support the unique demands of their product and asset class mix. Headquartered in Burlington, Massachusetts, we serve clients globally with more than 975 employees in 11 regional offices. For more information, please visit (Statistics as of January 2020)

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 $32.90 trillion in assets under custody and administration and $2.95 trillion* in assets under management as of September 30, 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

*Assets under management include the assets of the SPDR® Gold ETF and the SPDR® Long Dollar Gold Trust ETF (approximately $44 billion as of September 30, 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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