Charles River Awarded Best Fixed Income EMS/OMS Provider
October 16 2019 - 1:00PM
Business Wire
Charles River Development, a State Street Company, today
announced that the Charles River Investment Management Solution
(Charles River IMS) was awarded “Best EMS/OMS Provider – Fixed
Income” by Fund Intelligence Operations and Services Awards
2019.
The awards recognize the outstanding contributions made by
business, operations and technology leaders at asset management and
service provider firms over the past year, and highlight the
important role played by technology companies, fund administrators
and custodians in providing vital support and services to the asset
management community.
Charles River IMS combines an order management system (OMS) with
multi-asset execution capabilities, creating a single integrated
order and execution management system (OEMS). The OEMS enables
trade automation of low touch orders by streamlining access to
global liquidity venues while empowering traders with advanced data
visualization and analytical capabilities to support complex, high
touch trades.
“Downsized trading desks, reduced liquidity and increased
electronification of global fixed income markets present
significant challenges for asset managers,” said John Plansky, CEO,
Charles River. “By offering our clients the broadest possible
choice of technology, connectivity, data, and analytics options
available on a single platform, they can more confidently navigate
rapidly changing markets and leverage opportunities for
growth.”
Charles River IMS serves as the front and middle office
component of State Street’s Alpha PlatformSM, 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 fifth award for 2019, adding to wins
including 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 AlphaSM 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 12 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
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version on businesswire.com: https://www.businesswire.com/news/home/20191016005769/en/
Mary Masi-Phelps, marymasiphelps@crd.com, 781-425-6155
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