RWC Partners Selects Charles River IMS to Centralise Investment Management Processes
February 13 2019 - 6:00AM
Business Wire
RWC Partners, a privately owned asset management company
headquartered in London, has selected the Charles River Investment
Management Solution (Charles River IMS) to streamline their front
to middle office investment processes. Portfolio managers, traders,
compliance, and operational teams will use the centralised platform
to manage their institutional portfolios, with data provided by
Charles River’s Investment Book of Record (IBOR) and Enterprise
Data Management (EDM) capabilities.
“Consolidating nine portfolio management desks onto a single
investment management platform was the priority, and Charles River
IMS gives us the flexibility to do this,” said Nigel Hill, Head of
IT and Operations, RWC Partners. “We also wanted to eliminate
manual workflows and improve data accuracy to help further reduce
operational risk and costs.”
“For investment managers to make sound decisions in real-time,
they require timely and accurate information,” said Gavin Lavelle,
Managing Director EMEA, Charles River. “Charles River’s IBOR and
EDM capabilities deliver a complete data foundation for the front
office and help ensure consistent management of positions and
cash.”
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 750 employees in 11
regional offices. For more information, please visit
www.crd.com
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 $31.62 trillion in assets
under custody and administration and $2.51 trillion* in assets
under management as of December 31, 2018, State Street operates in
more than 100 geographic markets worldwide, including the US,
Canada, Europe, the Middle East and Asia. For more information,
visit State Street’s website at www.statestreet.com.
*This figure is presented as of December 31, 2018 and includes
approximately $32.44 billion of assets with respect to SPDR
products for which State Street Global Advisors Funds Distributors,
LLC (SSGA FD) acts solely as the marketing agent. SSGA FD and State
Street Global Advisors are affiliated.
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Helen Traverso, +44 (0) 7747 174620
helentraverso@crd.com
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