Tan Lee Hock, publisher at Asia Asset Management magazine, said: “Our judging panel recognised that Charles River is an industry leader in portfolio and risk management solutions for the investment community. There is an increased focus from asset managers on risk management nowadays, and in bestowing the Best Integrated Front-Office Platform Award to the firm, we are acknowledging Charles River’s philosophy to dedicating an enormous amount of time and resources to R&D and constantly improving its systems – and the fact that the Charles River Investment Management Solution has proved to be effective with such a large and diverse range of clients.”
Cameron Field, managing director, Asia-Pacific at Charles River said, “Asia-Pacific is made up of a diverse group of countries and cultures, each having its own set of languages, regulations, legal and trading requirements so it is an honor that the Charles River IMS has been recognized as the “Best Integrated Front-Office Platform” for buy-sides throughout the region. Charles River supports over 120 client sites across 14 countries in Asia-Pacific and we are committed to reinvesting significant revenues in product development to ensure we can continue to support their unique and evolving requirements.”
Charles River’s selection as “Best Integrated Front-office Platform” by the Asia Asset Management Awards 2011 follows recent honors, including: AsianInvestor’s 2011 Service Provider Awards, “Best OMS; ”Buy-Side Technology 2011, “Best Technology Provider of the Year”; Funds Europe Awards 2011 “European Front-Office of the Year”; Investment Technology Awards 2011, “Top OMS in Canada”; and American Banker/Financial Insights 2011, “FinTech Top 100.”
About Charles River Development
Charles River Development provides fully managed solutions including software, hosting and data services to automate front- and middle-office investment operations for buy-side firms. SaaS solutions and on-premises software support portfolio management, compliance and risk monitoring, order and execution management, access to global liquidity and post-trade processing. The company has more than 300 clients in over 40 countries in the institutional asset and fund management, alternative, wealth management, insurance, banking, pension and custody markets.