According to Jame DiBiasio, editor at AsianInvestor Magazine, âCharles River Development currently has a dozen buy-side clients in Asia implementing its enterprise-wide trading system. These include sovereign wealth funds, superannuation schemes, and institutionally oriented money-management firms. This activity has enabled the company to increase its Asia-Pacific headcount by 20% this year, including to staff a new office in Beijing. It continues to put resources into its product, with a recent emphasis on portfolio compliance. It is regarded as a leading OMS for the sophisticated institutional investment set, and scored well i n our survey of buy-side equities traders.â
Cameron Field, managing director, Asia Pacific, Charles River Development said, âThe Charles River IMS has been supporting the requirements of buy-side investment management firms in Asia-Pacific for over a decade. This award reflects the companyâs continued commitment to provide global solutions that support multiple asset classes and currencies, local languages and regulations; helping firms automate manual processes, improve operational efficiencies and reduce costs.â
With more than 300 clients in 41 countries globally, Charles River serves over 100 client sites across the Asia-Pacific region including: Australia, China, Hong Kong, India, Indonesia, Japan, Korea, Malaysia, New Zealand, Singapore, Taiwan, Thailand and Vietnam. Charles River has Asia-Pacific regional headquarters in Melbourne, with additional offices in Tokyo, Singapore and Beijing; and maintains a regional presence in Brisbane, Sydney and Hong Kong.
Charles Riverâs selection as âBest OMSâ by the AsianInvestorâs 2011 Service Provider Awards follows several recent honors, including: Buy-Side Technology 2011, âBest Technology Provider of the Year;â Investment Technology Awards 2011, âTop OMS in Canada;â and American Banker/Financial Insights 2011, âFinTech Top 100.â