Charles River, an enterprise-wide, front- and middle-office investment management solution provider, today announced that Pyrford International, a London investment boutique owned by the Bank of Montreal, is live on the private cloud-based Charles River Investment Management Solution (Charles River IMS) for portfolio management, trading, compliance, and post-trade processing across its equity, fixed income and FX operations. Pyrford is also leveraging Charles River’s broker-neutral FIX Network.
“Charles River has allowed us to streamline workflows, improve productivity, and reduce risk across asset classes and all portfolios,” said Drew Newman, Chief Operating Officer, Pyrford International. “With Charles River managing the system day-to-day, we can concentrate on delivering long-term results and service to our clients.”
“Charles River’s private cloud solution helps asset managers, like Pyrford International, improve operations, lower cost, and increase user satisfaction with more timely access to new functionality,” said Stephen Butcher, Managing Director EMEA, Charles River Development. “Clients can leverage Charles River’s economies of scale and expertise that come from supporting diverse financial firms worldwide.”