MFC Asset Management Public Company Limited Enhances Front and Middle Office Investment Processes with Charles River IMS
February 26 2019 - 9:00PM
Business Wire
MFC Asset Management Public Company Limited (MFC), a
Thailand-based asset manager with major shareholders including the
Ministry of Finance and Government Savings Bank, has adopted major
new portfolio management capabilities in the Charles River
Investment Management Solution (Charles River IMS) for its mutual,
provident and private fund operations. MFC has been using Charles
River IMS to automate their front and middle office operation
including portfolio management, trading and compliance over the
past 6 years.
“Charles River’s centralized workspace provides better decision
support for our portfolio managers and lets them communicate more
easily with our traders and compliance team,” said Mr. Lim Chong
Boon Dennis, President, MFC. “The Charles River team also helped us
ensure our investment processes are optimized throughout the front
and middle office.”
“Having a consolidated view of all their investments helps our
clients work more effectively by enabling better collaboration
across the front and middle office,” said Cameron Field, Managing
Director APAC, Charles River. “By staying current with the latest
capabilities, firms like MFC can give their teams the best
investment tools available to deliver exceptional service to their
clients.”
About MFC
MFC Asset Management Public Company Limited (MFC), the only
asset manager in Thailand with the Ministry of Finance and the
Government Savings Bank as its major shareholders, has been
managing investment assets for over 44 years. Founded in in 1975 by
the Thai Government and the International Finance Corporation (IFC)
under the name of The Mutual Fund Co., Ltd. with an objective of
mobilizing savings from the public for development of the Thai
capital market. Today, MFC is working towards leading the wealth
management industry in Thailand with a focus on sustainable growth.
www.mfcfund.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 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
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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.http://www.statestreet.com/platform-for-growth.html
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Kellie Smith, +61 (3) 8628 0100 KellieSmith@crd.com
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