Charles River Development Honored at the 2019 Fund Technology and WSL Awards
March 07 2019 - 9:00AM
Business Wire
Charles River Development, a State Street Company, today
announced that the Charles River Investment Management Solution
(Charles River IMS), was awarded “Best Trading Platform - Overall,”
by Fund Technology and WSL Awards 2019. Each year, the Fund
Technology Awards recognize leading providers catering to asset
managers and institutional traders that have demonstrated
exceptional customer service and innovative product development
over the past 12 months.
Previously known as the WSL (Wall Street Letter) Institutional
Trading Awards, 2019’s event highlighted the efforts of technology
providers, broker dealers, data specialists and exchanges in
meeting the needs of the asset management community. Those
recognized and rewarded demonstrated exceptional customer service
and innovative product development over the past 12 months. The
year’s winners were vetted based on the new innovations developed
as a means of ensuring asset managers have the latest tools in
their armory to compete in a rapidly evolving space.
“This award recognizes our ongoing R&D efforts to automate
and optimize institutional trading, while accommodating the unique
demands of each client’s asset mix and investment process,” said
John Plansky, CEO, Charles River. “Charles River continuously
introduces innovations that enable firms to trade more efficiently
and effectively across asset classes and geographies. The OEMS also
facilitates greater collaboration between traders and portfolio
managers, which reduces trading errors and enhances productivity
across the front office.”
Charles River IMS combines an order management system (OMS) with
multi-asset execution capabilities, creating a single integrated
order and execution management system (OEMS). The OEMS eliminates
multiple interfaces inherent in disparate systems and streamlines
access to global liquidity venues from a single desktop. Advanced
data visualization and analytics provide trading desks with
superior decision support and faster insights into market
opportunities.
Charles River has won several awards for portfolio management,
compliance and trading, including Best Buy-Side OMS at the Waters
Ranking Awards in New York and Multi-Asset Trading System of the
Year at the 2018 Asia Capital Markets Awards. Charles River IMS is
delivered as a SaaS-based platform, which ensures up to date
technology and security, higher data quality, and 24x7
availability.
About Charles River, a State Street CompanyCharles 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 CorporationState 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.
The whole or any part of this report may not be reproduced,
copied or transmitted, or any of its contents disclosed to third
parties without State Street’s express written consent.
Investing involves risk including the risk of loss of
principal.
The material presented herein is for informational purposes
only. The views expressed herein are subject to change based on
market and other conditions and factors. The opinions expressed
herein reflect general perspectives and information and are not
tailored to specific requirements, circumstances and / or
investment philosophies.
©2019 State Street Corporation - All Rights ReservedState Street
Corporation, One Lincoln St, Boston MA 02111
2449049.1.1.GBL.RTL
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version on businesswire.com: https://www.businesswire.com/news/home/20190307005378/en/
Mary Masi-Phelps, +1 781-789-5029, marymasiphelps@crd.com
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