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CLARIDEN LEU, THE NEWLY-FORMED SWISS PRIVATE BANK, SELECTS CHARLES RIVER DEVELOPMENT FOR COMPLIANCE MONITORING

Charles River Development (Charles River), an award-winning provider of financial software and services to the global investment management community, today announced that Clariden Leu, the newly-formed private bank in Zurich, has selected the Charles River Investment Management System (Charles River IMS) for compliance management and monitoring of portfolios across its private banking business. Clariden Leu users will also leverage the Charles River Anywhere portal to securely monitor and manage compliance alerts via the Web or any Web-enabled device.