Charles River Development, a State Street Company, has won Best Front-Office Platform in the WatersTechnology Asia Awards 2020. These awards aim to recognize achievement in the deployment and management of financial information and technology across Asia’s capital markets.
Charles River IMS enables traders and portfolio managers to work more productively by delivering a multi-asset order and execution management system (OEMS) with seamless access to real time, actionable data across the portfolio construction and implementation lifecycle. Bringing trading, risk analytics, performance attribution and collateral management upstream allows for a deeper level of collaboration across the front office.
“Receiving this award during the current period of extreme volatility, constrained liquidity and heightened trading volumes in global financial markets underscores the value clients find in our solutions,” said Cameron Field, Managing Director – Asia Pacific, Charles River. “Our product and engineering teams continuously evolve and enhance our front office technology, helping to ensure firms are leveraging the latest innovations and capabilities to better manage their trade lifecycle.”
Charles River IMS serves as the front and middle office component of State Street Alpha℠, which provides global investment managers, hedge funds, asset owners and insurers with a complete front to back solution for risk management, portfolio construction, trading, compliance, post-trade and back office services.
Charles River has won a number of awards in the past year recognizing its trading and front office capabilities including “Best Order Management System” at the 2020 Markets Choice Awards, “Best Cloud-Based Front Office Solution” by Fund Intelligence Tech & WSL Awards, “Best Integrated Front Office Platform” from WatersTechnology, “Best Fixed Income EMS/OMS Provider” by Fund Intelligence Operations and Services Awards and “Best Multi-Asset Trading System” from Global Investor Group.
About Charles River, A State Street Company
Investment firms, asset owners, wealth managers, hedge funds and insurers in more than 30 countries rely on Charles River’s front and middle office investment management platform to manage more than US$29 Trillion in assets. Together with State Street’s middle and back office capabilities, Charles River’s cloud-deployed software technology forms the foundation of State Street AlphaSM. The Charles River Investment Management Solution (Charles River IMS) is designed to automate and simplify the institutional investment process across asset classes, from portfolio management and risk analytics through trading and post-trade settlement, with integrated compliance and managed data throughout. Charles River’s growing partner ecosystem enables clients to seamlessly access external data and analytics, applications and liquidity venues that support the unique demands of their product and asset class mix. Headquartered in Burlington, Massachusetts, we serve clients globally with more than 1,000 employees in 11 regional offices. (Statistics as of as of April 2020)
About State Street Corporation
State Street Corporation (NYSE: STT) is one of the world’s leading providers of financial services to institutional investors including investment servicing, investment management and investment research and trading. With $31.86 trillion in assets under custody and/or administration and $2.69 trillion* in assets under management as of March 31, 2020, State Street operates globally in more than 100 geographic markets and employs approximately 39,000 worldwide. For more information, visit State Street’s website at www.statestreet.com.
*Assets under management as of March 31, 2020 includes approximately $50 billion of assets with respect to which State Street Global Advisors Funds Distributors, LLC (SSGA FD) serves as marketing agent; SSGA FD and State Street Global Advisors are affiliated.
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