Charles River a front- and middle-office investment management solutions provider, have announced that China Life Pension Company Ltd (CLPC), with over US$4billion assets under management, is live on the Charles River Investment Management Solution (Charles River IMS). CLPC is using the enterprise solution to trade, execute and manage domestic Chinese equity, fixed income, ETF, money market and IPO asset investments and monitor real-time compliance across the trade lifecycle.
"We chose Charles River because of its reputation and knowledge of the Chinese markets and its ability to support us with Chinese speaking professionals based in Beijing. We were impressed by the scalability of the solution to handle high volumes of accounts that will enable us to expand our investment operations in the future while easily adhering to strict internal and client mandates for our domestic Chinese business," said Mr. Wang Yong, general manager of IT Department at CLPC.
Cameron Field, managing director at Charles River comments, "The implementation of a complete front- to middle-office investment management solution is essential to help CLPC scale its business, automate and streamline workflows and easily handle complex, multi-asset investment strategies."
Charles River IMS is available with full Chinese language capabilities and provides enhanced support for Chinese instruments and associated workflows. It offers direct Chinese exchange connectivity via a bi-directional real-time interface, and seamlessly integrates with a number of CLPCs third-party applications and proprietary systems.