Charles River Expands Compliance Offering with the LawCard® Solution
October 07 2020 - 10:00AM
Business Wire
Charles River Development, a State Street company, today
announced that the Compliance LawCard® Solution is available
through the Charles River Investment Management Solution (IMS). The
offering helps investment management firms reduce the
administrative and cost burdens required to remain informed of
regulatory changes across jurisdictions.
“Charles River and State Street have demonstrated experience in
providing compliance support to help investment management firms
navigate changing regulatory environments,” said Spiros Giannaros,
President and CEO, Charles River. “This enhanced offering
significantly expands our Compliance Services to provide clients
with additional coverage and resources across jurisdictions.”
“Our teams are able to leverage technology and years of
regulatory experience across a broad range of global regulations,”
said Dean Landis, Global Head of Delivery, Charles River. “Our
experts bring together rule writing expertise as well as local
regulatory knowledge from specialists who are attuned to the
regional challenges faced by our clients.”
Additional compliance services offerings, such as the Global
Shareholder Disclosure Service and Compliance Rule Advisory, enable
investment firms to meet a variety of regulatory obligations and
help mitigate the personnel and cost pressures that strain their
compliance operations. Charles River’s analysts help draft
efficient workflows and compliance rules that follow accepted best
practices and align with client mandates and regulatory
requirements.
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$29 Trillion in assets. Together with State Street’s middle
and back office capabilities, Charles River’s cloud-deployed
software technology forms the foundation of State Street AlphaSM.
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 1,000 employees in 11 regional offices.
(Statistics as of as of April 2020)
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 $33.52 trillion in assets
under custody and/or administration and $3.05 trillion* in assets
under management as of June 30, 2020, 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 June 30, 2020 includes
approximately $67 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.
State Street Corporation, One Lincoln St, Boston MA 02111 © 2020
State Street Corporation - All Rights Reserved
3261383.1.1.AM.RTL
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Media: Mary Masi-Phelps marymasiphelps@crd.com
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