Charles River Wins Best Integrated Front Office Platform at Buy-Side Technology Awards
November 01 2019 - 12:27PM
Business Wire
Charles River Development, a State Street Company, today
announced that the Charles River Investment Management Solution
(Charles River IMS) was awarded “Best Integrated Front Office
Platform” by WatersTechnology Buy-Side Technology Awards 2019. The
awards seek to recognize the leading buy-side technology vendors
and service providers in their area of expertise. Finalists are
selected by WatersTechnology journalists and consultants.
Charles River IMS provides the front office with a fully
integrated multi-asset order and execution management system
(OEMS), FIX connectivity, portfolio management and risk analytics,
collateral management and compliance on a single, cloud-based
platform. By leveraging Charles River’s reference, pricing,
benchmark and corporate actions data services, traders and
portfolio managers can work more productively and collaboratively
from a shared, real-time view of holdings, cash and exposures.
“For over 20 years, Charles River technology has been used by
many of the world’s largest investment firms to manage complex,
multi-asset portfolios, remain compliant with emerging regulations
and lower their operational footprint,” said Gavin Lavelle,
Managing Director EMEA, Charles River. “This award recognizes our
efforts to continually enhance our front and middle office
technology, helping clients make timelier, better informed
investment decisions and enabling them to offer their investors
differentiated and innovative investment products and
services.”
Charles River IMS serves as the front and middle office
component of State Street’s Alpha℠ Platform, which provides global
investment managers, hedge funds, asset owners and insurers with a
complete front to back solution for risk management, portfolio
construction, trading, compliance, post-trade and back office
services.
This marks Charles River’s sixth award for 2019, adding to wins
including Best Fixed Income EMS/OMS Provider, Fund Technology’s
Best Trading Platform – Overall, Best Institutional Investment
Platform by FinTech Breakthrough, Global Investor Group’s
Multi-asset Trading System of the Year, and Best Buy-Side Portfolio
Management System by WatersTechnology.
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
front-to-back services, Charles River’s software technology forms
the foundation of the 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.
(Statistics as of October 2019)
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 $32,754 billion in assets
under custody and administration and $2,918 billion* in assets
under management as of June 30, 2019, State Street operates
globally in more than 100 geographic markets and employs
approximately 39,000 worldwide. For more information, visit State
Street's website at www.statestreet.com.
* Assets under management include the assets of the SPDR® Gold
ETF and the SPDR® Long Dollar Gold Trust ETF (approximately $36
billion as of June 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.
State Street Corporation One Lincoln Street, Boston, MA
02111-2900.
© 2019 State Street Corporation - All Rights Reserved
2807307.1.1.GBL.
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version on businesswire.com: https://www.businesswire.com/news/home/20191101005477/en/
Media Contact: Helen Traverso, +44 (0) 7747 174620
Helentraverso@crd.com
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