KAsset provides over 600 provident, private and mutual funds to institutional and individual clients. KAsset is using the Charles River IMS to automate front & middle office investment operations across all asset classes, as well as the broker-neutral Charles River Network
for fully-integrated electronic trading via FIX (Financial Information eXchange).
“We required a single consolidated solution that could scale as our business grows. While we were seeking world class solution providers, Charles River had a clear understanding of both our functional and business requirements; and its dedicated onsite training services ensured our staff were fully-trained to take advantage of the full capabilities of the solution. Charles River IMS supports our local Thai requirements and provides us with powerful data management and integration capabilities. This has improved data quality and gives us a completely streamlined workflow from portfolio management, compliance and trade execution right through to the back-office.” said Ampol Polohakul, executive chairman at KAsset.
Charles River’s Compliance
module provides KAsset with greater flexibility to manage increased mandates by monitoring compliance throughout the trade lifecycle, including Thai SEC Rules requirements, across its entire group. Charles River’s OEMS
module allows KAsset to manage, place and execute orders sent by fund managers in a real-time dashboard that supports algorithmic trading, real-time data, integrated watch lists, program trading, Direct Market Access (DMA), and automated order routing. Combining order and execution management in a single interface enhances operational efficiencies at KAsset by eliminating workflow interruptions and order staging problems as well as cumbersome spreadsheets.
Cameron Field, managing director, Asia-Pacific at Charles River Development comments, “With the Charles River IMS, KAsset is able to realise the full potential of straight-through processing. Charles River has been actively adding Thai brokers to the Charles River Network so that firms such as KAsset can take advantage of Thai-specific execution strategies and algorithms from both local and global providers via FIX. Thailand is an important market for Charles River and we are delighted to welcome KAsset to our growing client base in the region.”
About Kasikorn Asset ManagementCo,. Ltd
Kasikorn Asset Management Co.,Ltd. or KAsset, a KASIKORNBANKGROUP Company, was established as a mutual fund management company in March 1992. KAsset is an outstanding asset management company that is prompt in the area of service, research and investment management. Aiming to be the best quality asset management company, KAsset stands with highly qualified personnel along with latest technology, together with a thorough knowledge of primary research and analysis of individual companies. KAsset also promotes efficient teamwork and maintains high standard of integrity and ethic.
At Present, KAsset is the largest asset management company in Thailand with asset under management over Bn 25 USD. KAsset is also held No.1 position in all 3 businesses which are mutual fund, private fund & provident fund. Currently, managing over 600 funds for our both institutional and individual clients.
About Charles River Development
Charles River Development provides fully managed solutions including software
and data services
to automate front- and middle-office investment operations for buy-side firms. SaaS solutions
and on-premises software
support portfolio management
and execution management
, access to global liquidity
and post-trade processing
. The company has more than 330 clients in over 40 countries in the institutional asset and fund management
, alternative, wealth management