"As an absolute return focused business, our operating model is simple: help fund managers exceed their investorsâ expectations," said Jeremy Charles, Chief Operating Officer, Thames River Capital. "Charles River IMS helps us deliver the right platform for our fund managers in terms of enterprise-wide compliance and support for investment processes."
"Charles River has proven experience and flexible technology for buy-side clients who need to comply with ever-changing market regulations â including risk exposure calculations for derivatives which are critical for hedge funds like those managed by Thames River," said Jon Steward, Managing Director-EMEA, Charles River Development. "We make significant investment to ensure that clients spend little time configuring our system. Our pre-built libraries now cover over 1,700 country-specific regulatory and general example rules, including European regulations such as UCITS III, InvG, DerivateV and KAGG."
The project, delivered on-time and on-budget, completes Phase One of Thames Riverâs initiative to streamline post-trade compliance monitoring across all asset classes. Thames River has realized immediate benefits, for example, compliance officers can now monitor trade flows in half the time of the previous manual processes. Charles River also designed a standard messaging architecture which seamlessly integrates with Thames Riverâs third-party data providers. Thames River is currently implementing Phase Two of the project, which will deploy Charles Riverâs portfolio management tools for consistent and efficient portfolio analysis, as well as pre-trade compliance.