Charles River Development Awarded Best Cloud-Based Front Office Solution
March 24 2020 - 9:00AM
Business Wire
Charles River Development has won “Best Cloud-Based Front Office
Solution System Provider” at the Fund Intelligence Tech & WSL
Awards 2020. Presented on February 25th in New York, the awards
recognize and reward providers catering to asset managers and
institutional traders who have demonstrated exceptional client
service and innovative product development in the past 12
months.
Charles River Investment Management Solution (Charles River IMS)
serves as the front and middle office component of the State Street
Alpha℠ Platform, which provides 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.
Charles River IMS is deployed via a cloud-based Software as a
Service (SaaS) model, supported by a global team of application
specialists. This approach improves the end user experience by
providing timelier software upgrades, continuous functional
enhancements, and improved data integration, management, and
support.
“Cloud-based deployment is key to providing our clients with a
scalable, flexible and highly performant platform for managing
their investments and servicing their investors,” said Spiros
Giannaros, President of Charles River. “Our recent adoption of
Microsoft® Azure as our strategic cloud platform marks an important
milestone in our evolution as a cloud-based enterprise solution
provider, enabling buy-side firms to more easily increase data and
computing capacity, serve all geographies on a single platform and
meet growing regulatory mandates around data residency.”
Charles River IMS has won a number of awards recently for
portfolio management and trading including “Best Buy-Side Portfolio
Management System” by WatersTechnology, “Best Fixed Income EMS/OMS
Provider” from Fund Intelligence Operations and Services Awards and
“Best Multi-Asset Trading System” from Global Investor Group.
About Fund Intelligence Tech & WSL Awards
For over 20 years the Fund Intelligence Tech & WSL Awards
have recognized and rewarded exceptional client service and
innovative product development among the service providers and
partners supporting asset managers and institutional traders. Our
experience team of journalists provides asset management
professionals with vital and actionable intelligence across all
parts of the modern fund complex, including sales, marketing,
compliance, operations and technology functions. For more
information please visit fundintelligence.global/events.
About Charles River, a State Street Company
Investment firms, asset owners, wealth managers, hedge funds and
insurers in over 30 countries rely on the Charles River Investment
Management Solution (Charles River IMS) to manage US$28 Trillion.
Together with State Street’s middle and back office services,
Charles River technology forms the foundation of the State Street
Alpha℠ platform. Charles River IMS helps firms automate and
simplify their 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 third-party provider ecosystem
enables clients to seamlessly access the 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 1,000
employees in 11 regional offices. For more information, please
visit www.crd.com. (Statistics as of January 2020)
About State Street Corporation
State Street Corporation (NYSE:STT) is the world's leading
provider of financial services to institutional investors including
investment servicing, investment management and investment research
and trading. With $34.36 trillion in assets under custody and
administration and $3.12 trillion* in assets under management as of
December 31, 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 as of December 31, 2019 includes
approximately $45 billion of assets with respect to which State
Street Global Advisors Funds Distributors, LLC (SSGA FD) serves as
marketing agent; SSGA FD and State Street Global Advisors are
affiliated.
© 2020 State Street Corporation - All Rights Reserved
3005772.1.1.AM.RTL
View source
version on businesswire.com: https://www.businesswire.com/news/home/20200324005390/en/
Media Mary Masi-Phelps marymasiphelps@crd.com
781-425-6155
State Street (NYSE:STT)
Historical Stock Chart
From May 2024 to Jun 2024
State Street (NYSE:STT)
Historical Stock Chart
From Jun 2023 to Jun 2024