Charles River Development Wins AsianInvestor’s “Best Order Management System” Award

Boston, MA - 28 November 2011

Charles River Development (Charles River), a front- and middle-office investment management solutions provider, today announced that the Charles River Investment Management System (Charles River IMS), an enterprise solution for portfolio management, order and execution management , performance measurement, attribution and risk, compliance and post trade processing was named “Best OMS” for Asian equities trading and execution at the AsianInvestor 2011 Service Provider Awards. Charles River was nominated for this award by leading buy-side trading desks throughout Asia-Pacific.

According to Jame DiBiasio, editor at AsianInvestor Magazine, “Charles 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.”

Cameron Field, managing director, Asia Pacific, Charles River Development said, “The 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 company’s 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.”

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 River’s selection as “Best OMS” by the AsianInvestor’s 2011 Service Provider Awards follows several recent honors, including: Buy-Side Technology 2011, “Best Technology Provider of the Year;” Investment Technology Awards 2011, “Top OMS in Canada;” and American Banker/Financial Insights 2011, “FinTech Top 100.”

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