Charles River a front- and middle-office investment management solutions provider, today announced that Tisco Asset Management Co., Ltd., one of the largest asset managers in Thailand, is live on the Charles River Investment Management Solution Version 9 (Charles River IMS) for portfolio management, order and execution management, and compliance monitoring.
"Charles River has eliminated our dependence on semi-manual processes and created efficiencies throughout our organisation," said Araya Thirakomen, President of TISCO Asset Management. "We can easily manage multiple portfolios regardless of asset class and have the scale to support more diverse investments that create wealth for clients. We can expand into off-shore markets and derivatives, foreign investment funds (FIF), bonds, equities, and foreign currency. In the near future, we plan to roll out additional Charles River IMS functionality to support the more complicated requirements of our private funds."
"As regional interest in cross-border trading continues to grow, Thai firms like TISCO are demanding a single system that simplifies order and execution management capabilities yet still handles complex instruments," said Cameron Field, Managing Director-APAC, Charles River. "Charles River's enterprise solution delivers software, services and data that allow clients to take advantage of new market opportunities as they arise, locally or around the world."