Charles River IMS combines an order management system (OMS) with multi- asset execution capabilities, creating a consolidated order and execution management system (OEMS).
The OEMS enables traders to work more productively targeting orders requiring high touch interaction, managing trade risk, and demonstrating best execution. Full trade lifecycle support, integrated compliance and workflow automation enables clients to manage the largest and most complex institutional portfolios on a single platform.
The OEMS eliminates the multiple interfaces, fragmented workflows, and order staging problems inherent in utilizing separate order and execution management platforms. Traders no longer have to switch between systems or re-key critical information, helping save time and reduce errors. Benefits beyond the trading desk include improved compliance and auditing, reduced operational risk, and simpler infrastructure.
Capabilities
• Combined OMS and EMS that supports the full trading lifecycle
• Manage list and portfolio execution strategies
• Monitor compliance throughout the trade lifecycle
• Ability to create and visualize broker/ counterparty eligibility checks in an integrated fashion
• Monitor real-time market, order, and analytic data
• Capture trade and order data required for regulatory reporting
• Quickly organize orders with spreadsheet-like filtering, grouping and sorting
• Flexible and interoperable with open APIS and configurable FIX integrations
Global Connectivity
The Charles River Network enables fast and reliable direct access between buy-side clients and sell- side brokers. It supports global electronic trading via FIX and provides access to over 700 global liquidity venues. Traders can quickly send orders directly from the blotter to multi-broker trading venues, crossing networks, broker algorithms, program desks, alternative trading systems, dark pools, and smart routers. Charles River offers clients complete FIX software administration, connectivity management and support for each sell-side broker and trading destination.
- Connect with over 12 data providers
- Access integrated third party Transaction Cost Analysis (TCA) providers
- Trade with 150+ liquidity platforms and over 540 brokers globally on the Charles River FIX Network
- Integration with over 90+ algorithmic brokers gives users access to 600 global and regional algorithms
As of July 2023
Key Benefits
Broad Asset Class Coverage
Highly Reliable
No Single Point of Failure
Faster Problem Resolution
The T+1 Growth Opportunity
The shift to T+1 trade settlement in the United States, Canada and Mexico has significant implications for investment managers and the finance industry.
Finding the right partner is crucial to help ensure readiness, manage risk and avoid failed settlements. We’re well-positioned to support your shift to T+1 by offering a range of advanced services.
Seizing the T+1 Opportunity
Read our insight which highlights the move to a T+1 settlement cycle in the US, Canada and Mexico and how it offers investment managers a new opportunity to drive growth across their organizations through a wide range of process improvements.
Making Preparations Ahead of North America’s Shift to T+1
Watch The TRADE speak to Andrew Kovacs, Director of Product, EMEA about client readiness for the shift to T+1, the value of artificial intelligence for the buy-side trading desk and the ongoing trend of investments being made into alternative asset classes.
Achieving T+1 Settlement
Read how State Street and Charles River are supporting our clients with offerings that help manage the move to T+1. This interactive PDF that covers T+1 capabilities across all business lines, including custody, FX, and post trade offering.
State Street Office Hours: How T+1 can optimize workflow through technology
View this session on how investment institutions can drive growth through technology-led workflow optimization, as they adapt to the T+1 settlement rule for North America and Canada.
Trading & Liquidity Partner Ecosystem
DirectBooks
MarketAxess
Tradeweb
BestX®
OTCX Trading
LTX
Octaura
ChartIQ I S&P Global
FX Connect
Neptune
Trumid
Luminex Trading
MTS
Liquidnet Investment Analytics
360T
Videos & Thought Leadership
Making Preparations Ahead of North America’s Shift to T+1
T+1 Trade SettlementMaking Preparations Ahead of North America’s Shift to T+1
T+1 Trade SettlementThe TRADE speaks to Charles River about client readiness for the shift to T+1 and the value of AI for the buy-side trading desk
Helping Fixed Income Traders Keep Pace with Rapidly Changing Markets
Order and Execution ManagementHelping Fixed Income Traders Keep Pace with Rapidly Changing Markets
Order and Execution ManagementHow our OEMS platform helps institutional traders meet rapidly changing demands for best execution, trade automation and portfolio trading.
Gaining Visibility into Multi-Asset Trading Performance with BestX® and Charles River
TCA & TRADE ANALYTICSGaining Visibility into Multi-Asset Trading Performance with BestX® and Charles River
TCA & TRADE ANALYTICSOur partnership & seamless integration with BestX provides comprehensive transaction cost analysis (TCA) capabilities across asset classes.
Evolution of OEMS Strategies & Front-to-Back Platforms
Trading - OEMSEvolution of OEMS Strategies & Front-to-Back Platforms
Trading - OEMSWatch how open architecture, interoperability and front-to-back platforms are reshaping fintech for investment managers and asset owners.
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