Pioneer Completes Tests Of Charles River, First Trade Master Client To Go Live

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Pioneer Group, the $20-billion-asset Boston mutual fund company, is close to going live with Charles River Development's Trade Master trade order routing system. With the installation, the company will become the first site to use the trade order and routing system from Charles River, which previously had sold only a compliance package, called Compliance Master.

For Pioneer, the installation of Trade Master will also automate a trading desk that has until now been run manually. Close to 90 of the

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