âTo streamline our asset management operations, we required a single system that can support our entire investment management operations now and in the future,â said Araya Thirakomen, President at Tisco. âCharles River IMS will allow us to handle the complex modeling and rebalancing of hundreds of portfolios across our Mutual, Private and Provident Funds. Our portfolio managers will have automated cash forecasting, portfolio simulation and a complete audit trail throughout the trading process to ensure straight-through-processing. Further, Charles River IMS eliminates time-intensive manual spreadsheets; creating operational efficiencies so we can focus on our core strength, managing investment portfolios for clients.â
âOver the past five years, Thailand has become one of the largest mutual fund markets in South East Asia,â said Cameron Field, managing director-Asia-Pacific, Charles River Development. âCharles River has a deep understanding of Thailandâs local instruments, workflows and practices. Our ability to meet asset managersâ unique requirements, and lower costs with a single, consolidated platform, helps clients like Tisco enhance competitiveness and manage for growth.â
Charles River Development serves over 300 client firms worldwide, including over 100 client sites for domestic and international firms in: Australia, China, Hong Kong, India, Indonesia, Japan, Korea, Malaysia, New Zealand, Singapore, Taiwan, Thailand and Vietnam.