Charles River Investment Management Solution Integrates ChartIQ for Trade Decision Support
January 16 2020 - 09:00AM
Business Wire
Charles River Development, a State Street Company, announced
that the Charles River Investment Management Solution (Charles
River IMS) now integrates with ChartIQ, enabling Charles River to
provide institutional traders with visualization tools that deliver
greater insight into data affecting investment decisions. These
capabilities help traders conduct pre-trade technical analysis,
gauge in-trade market impact and better understand post-trade
execution quality.
Charles River IMS combines an order management system (OMS) with
multi-asset execution capabilities, creating a consolidated order
and execution management system (OEMS). By integrating with
solution providers like ChartIQ, the OEMS enables traders to work
more productively at generating alpha, managing risk and helping
inform their firm’s strategic investment decisions.
“ChartIQ’s extensive visualization and integration capabilities
work with Charles River IMS to offer institutional traders new
analytics accessible directly from the OEMS,” said Spiros
Giannaros, President, Charles River. “Leveraging ChartIQ’s
innovative software framework further empowers our engineering
teams with best-of-breed development tools. In turn, our clients
gain new capabilities to better inform their trading and de-risking
decisions across asset classes.”
ChartIQ is a leading provider of advanced charting tools that
are data agnostic, customizable, and quickly integrated on any web,
desktop, tablet, or mobile platform. The company offers the only
professional grade HTML5 Charting Library solution available in the
marketplace, allowing for traders to capture more market data. With
visualization tools that identify market-moving data pre, during,
and post-trades, ChartIQ software helps investment professionals
capitalize on market opportunities.
“We are thrilled at the opportunity to collaborate with Charles
River. Together, we’ll be equipping the world’s largest asset
managers and hedge funds with the most cutting-edge trading and
execution analysis available,” said Dan Schleifer, CEO and
co-founder of ChartIQ. “With the trend toward downsized trading
desks, improving trader productivity is top of mind for asset
managers. By embedding ChartIQ, Charles River can provide traders
with new decision support applications that speed
time-to-information for the securities and markets they trade
in.”
Charles River IMS serves as the front and middle office
component of State Street’s AlphaSM 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.
About ChartIQ
ChartIQ provides software to help the finance world work
smarter. The maker of the industry's most powerful HTML5 financial
charts, ChartIQ also delivers Finsemble, a desktop integration
platform that links any financial applications together to create
smart, modern desktops. ChartIQ's solutions are built in current
web technology to help firms innovate faster, saving them time and
money. Founded in 2012, ChartIQ is a fast-growing firm based in
Charlottesville, VA with offices in New York and London. Some of
the largest financial institutions are among ChartIQ's 300 global
customers. For more information, please visit:
https://www.chartiq.com.
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 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 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)
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 $32.90 trillion in assets
under custody and administration and $2.95 trillion* in assets
under management as of September 30, 2019, State Street operates
globally in more than 100 geographic markets and employs
approximately 40,000 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 $44
billion as of September 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.
© 2020 State Street Corporation - All Rights Reserved
2905321.1.1.AM.INST
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Media Contact Mary Masi-Phelps marymasiphelps@crd.com
781-425-6155
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