Buy-Side Technology Awards: Best Buy-Side Integrated Front-Office Platform─Charles River Development
Yet the vendor believes the industry is moving away from individual modules. Its realization of the buy side's desire for a complete solution that encompasses decision-making, trading, and compliance, not only with regard to software but also integrated data and managed services, is part of what allowed Charles River to stay in the awards rotation this year. "Nowhere has there been more focus in the last year than ensuring portfolio managers have the tools they need to do their job, eliminating disjointed processes, bad data and spreadsheets," says Tom Driscoll, global managing director at Charles River.
Importantly, Charles River's IMS combines order management and execution management in a single trading blotter. Traders work faster and more efficiently while orders are managed without swiveling between systems. The platform consolidates all portfolio management activity into a central workspace with top-down asset allocation, model-building tools, and visibility of trade execution. Charles River has invested six years' research and over $100 million into its flagship product, which combines software, managed services, data, and connectivity for all asset classes. With more than 350 customers-36 in the last year-in 42 countries, all that work has paid off. Version 9 has been adopted by over 130 clients and counting.
Following the rollout of version 9 last year, Charles River IMS joined the mobile revolution with the Charles River Anywhere app for tablets and smartphones, while also expanding its web-based solution. It also extended its integrated data service with access to more exchanges, expanded fixed-income analytics and reference data, and increased support for benchmark data. Fixed-income support will be central to upcoming releases, according to Driscoll.
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 print this content. Please contact info@waterstechnology.com to find out more.
You are currently unable to copy this content. Please contact info@waterstechnology.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@waterstechnology.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@waterstechnology.com
More on Awards & Rankings
Waters Rankings 2024 winner’s interview: IPC Systems
IPC Systems won the Best cloud infrastructure provider category in this year’s Waters Rankings. Tim Carmody, CTO of IPC, discusses his firm’s recent success in the rankings
Waters Rankings 2024 winner’s interview: Vneuron
Vneuron Risk & Compliance won the best AML compliance solution provider category in this year’s Waters Rankings.
Waters Rankings 2024 winner’s interview: Cloud9
Cloud9, part of Symphony, won Best trading floor communication system provider category in this year’s Waters Rankings.
Waters Rankings 2024 winner’s interview: AI Risk
New York-based AI Risk won the Best cyber security provider category in this year’s Waters Rankings.
Waters Rankings 2024: Best performance measurement and attribution system provider—FactSet
Product/service: FactSet Performance Solutions
IMD & IRD Awards 2024 winner’s interview: Tradeweb
Tradeweb won Most innovative market data project in this year’s Inside Market Data & Inside Reference Data Awards.
IMD & IRD Awards 2024 winner’s interview: S&P Global Market Intelligence
S&P Global Market Intelligence won Best corporate actions data initiative in this year’s Inside Market Data & Inside Reference Data Awards.
Waters Rankings 2024: Best outsourcing service provider—Northern Trust
Product/service: Integrated Trading Solutions