Charles River, a front- and middle-office investment management solutions provider, today announced that independent analyst CEB TowerGroup rated the Charles River Investment Management Solution (IMS) “Best-in-Class” in four-of-four categories in the recent Order Management Technology Analysis. These include: Order Management Capabilities; User Experience; Trading Support; and Enterprise Support.
The CEB TowerGroup’s OMS analysis combined qualitative and quantitative data from interviews with industry experts, financial institutions and providers, identifying key components of technology investment decisions to compare vendor products. In addition to the OMS ratings, the CEB TowerGroup Execution Management Technology Analysis also named Charles River’s tightly-integrated EMS capabilities “Best-in-Class” in three-of-four categories.
“Over the past eight years, we’ve invested more than $150 million in R&D to completely re-architect our system with the latest scalable and real-time technology for integrated Order and Execution Management,” said Tom Driscoll, Global Managing Director, Charles River. “We are the only vendor to combine OEMS in a single solution, and these independent analyst ratings recognize this successful strategy. Our current release, Version 9, is now used by over 140 clients and we continue to roll it out worldwide.”