Malaysian SWF Adds New Charles River Management and Trading Systems

Petronas Towers at night

Investment management solutions provider Charles River Development announced today that the Employees Provident Fund (EPF), the second largest Asia-Pacific sovereign wealth fund of Malaysia with $155 billion under management, will make expanded use of the vendor’s investment management system (IMS), its FIX electronic trading network, as well as solutions for administration, and post-trade automation of confirmation, matching and workflows.

The move is seen as further enabling EPF to order and execute trades across equities, money market and fixed income as its number of members and registered employers in Malaysia continues to rise with the country's growing population (the EPF currently has 13 million members).

"We worked diligently to understand EPF's individual requirements so it can better meet member demands by freeing up traders, portfolio managers and compliance officers to focus more of their time on managing increased volumes," says Cameron Field, managing director at Charles River Development.

 

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@waterstechnology.com or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe

You are currently unable to copy this content. Please contact info@waterstechnology.com to find out more.

Pushing the boundaries of TCA

S&P Global Market Intelligence finished runner-up in the perennially competitive TCA system provider category of the Waters Rankings 2024. Michael Richter, global head of trading analytics, discusses the TCA challenges facing the firm’s buy- and sell…

DORA stalls over identifier dispute

A disagreement over how to classify third-party tech providers on a reporting form known as the “register of information” has held up preparations for the highly anticipated operational resiliency rule in Europe.

Most read articles loading...

You need to sign in to use this feature. If you don’t have a WatersTechnology account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here