Email Contact Phone Company Visit Website

Boston, MA Head Office

700 District Avenue

London Office

6th Floor, 6 Devonshire Square

New York, NY Office

Charles River Development 1040 Avenue of the Americas 9th floor
New York

Beijing Office

Charles River Development Incorporated Level 19, Tower E2 Oriental PlazA, 1 East Chang An Avenue Dong Cheng District

Melbourne Office

Charles River Development, Inc Level 12, 350 Collins Street

Singapore Office

Charles River Systems Inc 3 Phillip Street #17-04 Commerce Point

Tokyo Office

Charles River Development Incorporated The Imperial Hotel Tower 15th floor 1-1-1 Uchisaiwaicho, Chiyoda-ku

Hong Kong Office

Charles River Development Limited AON China Building Level 17,
Hong Kong

Paris Office

Charles River Development 17 Square Edouard VII


781 425 6147


Heather Frechette-Cr
[email protected]
Back to all Charles River Development announcements

TradeTech Awards Charles River Investment Management System “Best Buy-Side OMS”

Integrated Software Suite is Recognized Leader in Satisfaction, Cost Efficiency, Reliability and Speed

Charles River Development, a provider of financial software and services to the global investment community, today announced that its Charles River Investment Management System (Charles River IMS) received the TradeTech 2007 award for “Best Buy-Side Order Management System.”

“In selecting Charles River for this award, TradeTech applied the same quantifiable measures that investment management firms use to evaluate business-critical front- and middle-office systems,” said Peter Lambertus, President and CEO, Charles River Development. “We’re honoured to receive this award which further validates Charles River as the pre-eminent global investment management system provider. We support 250 clients in 30 countries with comprehensive and innovative products and services that enhance their business and that of their customers.”

This inaugural award, presented April 25th at Trade Tech 2007 in Paris, recognizes Charles River as the leading order management system provider for European investment firms in terms of user satisfaction, cost efficiency, reliability and speed.
• User satisfaction – Based on client feedback, Charles River continually enhances its software to meet clients’ evolving needs, investing over 20% of annual revenue on research and development. Charles River also offers many services that support clients, including remote and hosted managed services, implementation services, and dedicated client support.
• Cost efficiency – Charles River’s integrated, modular system offers out-of-the-box reporting, customizable tools, and a manageable upgrade path that ensures simplicity and ease-of-use. The system helps investment firms achieve high ROI through increased operational efficiencies and lower costs – whether deploying individual components or the full suite.
• Reliability – Charles River IMS supports the most stringent high-availability and disaster recovery requirements for small and large clients, including those processing hundreds of thousands of trades per day, representing millions of positions and tens of thousands of accounts.
• Speed – Charles River’s service oriented architecture (SOA) supports very high volume trade processing and continuous 24x7 global operations.

Charles River IMS supports all asset classes, including SWAPs and other derivatives, options, foreign exchange, fixed income and equities, and features comprehensive tools for portfolio management, order management, trade execution, compliance monitoring, and trade settlement. The system addresses country-specific regulation and investment requirements. Rules configuration and pre-trade compliance monitoring is simplified and fast. The system includes a global rule library featuring 1,000+ rules covering 20+ countries.

The TradeTech 2007 award is the latest in a series of industry recognition that includes: Buy Side Software Leader for the 21st Century, Financial News 2006; Most Innovative Order Management System, Financial-i 2006; Best Portfolio Management System, Waters Reader Rankings 2006, 2005; Best Order Management System, Waters Reader Rankings 2005, 2004; and Fintech Top 100 American Banker/Financial Insights 2006, 2005, 2004.