Email Contact Phone Company Visit Website

Boston, MA Head Office

700 District Avenue
Burlington
MA
US

London Office

6th Floor, 6 Devonshire Square
London
GB

New York, NY Office

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

Beijing Office

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

Melbourne Office

Charles River Development, Inc Level 12, 350 Collins Street
Melbourne
AU

Singapore Office

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

Tokyo Office

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

Hong Kong Office

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

Paris Office

Charles River Development 17 Square Edouard VII
Paris
FR

Telephone

781 425 6147

Contact

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

South Africa's STANLIB Selects Charles River Development to Automate Fund Management Operations for all Asset Classes

Charles River Development (Charles River), an award-winning provider of financial software and services to the global investment management community, today announced that STANLIB Asset Management (STANLIB), South Africa’s third-largest investment manager with R340 billion (US$41.4 billion) under management (as of December 31, 2007), has selected the Charles River Investment Management System (Charles River IMS) to automate the investment management of its segregated and pooled fund operations for all asset classes. STANLIB users will benefit from extensive portfolio management tools, streamlined trade order management and real-time compliance testing and monitoring on a single integrated platform.

"STANLIB is committing to strengthening Africa’s position as a global competitor by advancing investment development and reform," said Shawn Smith, Chief Technology Officer, STANLIB Asset Management. "Charles River offers the technological infrastructure and local expertise we require to prepare for future growth and comply with today’s client mandates."

"Charles River has served buy-side investment managers in South Africa since 2006, and was one of the first global front-office system providers in the region," said Jon Steward, Managing Director, EMEA, Charles River Development. "Our in-country experts work closely with clients throughout South Africa to meet their special requirements and create seamless interfaces with local providers."