Charles River’s 2013 Client Conference Showcases End-to-End, Investment Management Solution

Boston, VA - 13 June 2013

Charles River, an enterprise-wide, front- and middle-office investment management solutions provider, today announced that over 600 attendees from 18 countries participated in its 2013 Client Conference, held June 9 - 12 in Boston. The conference highlighted Charles River’s new operating model that helps buy-side firms improve business value, increase user satisfaction, simplify operations, and lower technology costs. Client presenters, industry experts, and Charles River executives discussed market trends and demonstrated advanced product and service capabilities of the Charles River Investment Management Solution (Charles River IMS).

“Charles River has evolved from a software vendor to a provider of a hosted, enterprise solution for buy-side firms,” said Peter K. Lambertus, President and CEO, Charles River Development. “Attendees saw how our new, simplified operating model, enhanced capabilities, and performance improvements in Charles River IMS Version 9, increase ROI and improve user satisfaction. Our solution solves common challenges confronting buy side firms, including consolidation of systems, reduction of complexity and customization, poor data quality and increased regulatory requirements. The conference also allows us to gain valuable feedback on Charles River’s product roadmap and ensure that our future direction aligns with clients’ business needs.”

The conference included over 50 sessions, featuring 30 client participants, who discussed how their firms are becoming more productive and successful by applying Charles River’s solutions to specific business issues. The sessions spanned four tracks: Portfolio Management & Wealth Management; Trading; Business/Operations; and Compliance/Middle-, Back-Office. Pete Petersen, Director of Technology at Causeway Capital Management in Los Angeles, shared how upgrading to Version 9 has allowed his firm to simplify operations by implementing standardized workflows. “It’s a great opportunity to learn how other firms are utilizing Charles River to face today’s evolving challenges. I always learn something from this conference!”

Dushyant Shahrawat, Senior Research Director, CEB TowerGroup shared his perspective on front-office investment management drivers impacting today’s business, operations and technology leaders. “Buy-side firms are under pressure to leverage technology, introduce new products, and automate the investment process,” said Shahrawat. “Some investment management activities are creating competitive advantage while others have become ‘commoditized.’ These trends are impacting executive decisions, including adoption of cloud computing and managed services.”

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