Charles River IMS is a comprehensive front-to-middle office software suite for portfolio management and modelling (Charles River Manager), order management and electronic trading (Charles River Trader), real-time compliance monitoring (Charles River Compliance), and the centralised management of trade matching, confirmation and settlement workflow (Charles River Post-Trade).
"After reviewing a variety of systems, we chose Charles River due to their clear understanding of our functional and business requirements. We required a firm with not only local presence, but also with local and global market expertise and capabilities, specifically in the Australian equity market and on the FIX protocol," said Peter Cooper, Managing Director of Cooper Investors. "By implementing Charles River IMS and FIX messaging we have a seamless trade workflow which provides complete support for all investment classes, foreign and domestic exchanges, and all trade message types. Charles River IMSâ automated electronic allocations, compliance capabilities and extensive modelling features greatly improve our workflow and allow us to eliminate manual updates to Excel spreadsheets. Charles River IMS greatly enhances our risk management processes."
Cameron Field, managing director, Asia-Pacific at Charles River Development, stated: âCooper Investors are another example of an Australian operation that has recognised Charles River IMSâ suitability to manage all types of global securities including large and small cap equities. Our N-Tier service oriented architecture (SOA) and customized business approach provide the flexibility needed to solve problems for our clients, including streamlined connectivity to multiple data feeds and counterparties.â
Over 200 fund managers worldwide use Charles River IMS, including over 30 in Asia-Pacific. Charles River IMS has also interfaced to Cooper Investorsâ existing research and analysis database systems to facilitate the seamless transfer of data. These systems include DST HiPortfolio, FACTSET for security data, and the firmâs proprietary stock metrics system.
Charles River is the recipient of numerous industry awards including: Best Buy Side OMS / Waters Reader Rankings 2005, Best Portfolio Management System / Waters Reader Rankings 2005, Top Compliance System 2005 / Global Investor, Best Buy Side OMS / Waters Reader Rankings 2004, Best Buy Side OMS / Waters Awards 2004, Top OMS System 2004 / Global Investor and Vendor of the Year 2004 / Operations Management newsletter.