Charles River® Named Best Fixed Income OEMS at 2021 European Markets Choice Awards
June 24 2021 - 11:52AM
Business Wire
Charles River Development, a State Street company, has won “Best
Fixed Income Execution/Order Management System” in the inaugural
European Markets Choice Awards. Sponsored by MarketsMedia, the
awards identify and recognize the best companies, individuals and
innovation in financial markets. The 2021 awards span institutional
trading and technology sectors, including buy-side traders;
sell-side execution desks; exchanges and platforms; incumbent
technology providers; and emerging fintech firms.
Charles River IMS combines a multi-asset order management system
(OMS) with full execution capabilities, providing institutional
traders with a single order and execution management system (OEMS).
Integrated trade analytics and transaction cost analysis help
inform traders managing complex, high touch trades. Charles River
provides seamless connectivity to major global liquidity venues,
and its Inventory Hub processes and aggregates inventory across a
number of the largest dealers and venues. Traders can view this
inventory in the OEMS, receive updated indications of interest and
dealer quotes, and place orders for a full range of products and
asset classes.
Charles River’s open architecture and growing third-party
provider ecosystem enable incumbent and emerging liquidity venues,
analytics vendors and application developers to integrate their
products and services in the OEMS, helping traders support the
demands of their asset mix and investment process.
“Fixed income traders and portfolio managers continue to face
challenges sourcing liquidity, transitioning from voice to
electronic trading, and gaining actionable insights from growing
volumes of market and internal data,” said Alun Cutler, Director of
Product Management EMEA at Charles River. “Our OEMS was built to
address those issues, with trade automation for low-touch orders,
sophisticated analytics and visualization that deliver faster time
to insight, and a unified data platform that captures the breadth
and historic depth of data needed to make informed broker and venue
selections for a given trade.”
Charles River has won several awards in the past year
recognizing its trading and front office capabilities including
“Best Trading Platform” award in the FinTech Breakthrough Awards,
“Best Front-Office Platform” in WatersTechnology Asia Awards and
“Best Order Management System” in the 2020 Market Choice
Awards.
Charles River IMS serves as the front and middle office
component of State Street Alpha℠, 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.
About Markets Media
Markets Media Group’s Market Choice Awards (the MCAs) have been
a fixture in the US calendar for a decade; they span the most
important sectors of institutional trading and technology –
industry leaders, buyside traders; sellside execution desks;
exchanges & platforms; incumbent technology providers and
emerging fintech firms. With the formation in 2020 of Markets Media
Europe, bringing into the fold both Best Execution and The DESK, we
now have a much broader platform in Europe and I am delighted to
announce that we are expanding the US programme and, following the
success of our first European Women in Finance Awards, launching
the inaugural European Markets Choice Awards (the EMCAs). For more
information please visit
bestexecution.net/european-markets-choice-awards-2021.
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 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 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 Q1 2021)
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 $40.3 trillion in assets
under custody and/or administration and $3.6 trillion* in assets
under management as of March 31, 2021, 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 March 31, 2021 includes
approximately $60 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.
©2021 State Street Corporation – All Rights Reserved State
Street Corporation, One Lincoln St, Boston MA 02111
Charles River Development - A State Street Company is a wholly
owned business of State Street Corporation (incorporated in
Massachusetts). Information Classification: General
#3642686.1.1.GBL.
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