24 February 2018
visit www.ebaday.com

GoldenTree automates compliance monitoring with Charles River

27 November 2003  |  4116 views  |  0 GoldenTree automates compliance monitoring with Charles River

US-based GoldenTree Asset Management has implemented version 7.1 of the Charles River Compliance system to conduct daily compliance monitoring of securities transactions.

The package, a component of the vendor's Investment Management System (IMS), was interfaced to GoldenTree's inhouse portfolio accounting system VPM during a four-month implementation programme and configured to take data imports from multiple high yield indices to facilitate benchmark performance comparisons. The vendor constructed over 90 custom compliance rules for the system, while GoldenTree built another 20.

GoldenTree is currently integrating the compliance application with its internal trading and portfolio management system and plans to implement pre-trade compliance monitoring by year end.

Todd Neufeld, director of operations at GoldenTree says the firm selected Charles River Compliance due to the open nature of the architecture and breadth of rule coverage: "Our internal technology staff was able to easily leverage the open aspect of the application to fully integrate compliance monitoring with the rest of our investment management process."

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

Charles River adds MarketAxess interface to IMS

Charles River adds MarketAxess interface to IMS

21 November 2003  |  4032 views  |  0 comments
Charles River outlines technology strategy

Charles River outlines technology strategy

12 November 2003  |  5097 views  |  0 comments
QIC implements Charles River investment management system

QIC implements Charles River investment management system

29 October 2003  |  3101 views  |  0 comments
T Rowe Price rolls out Charles River IMS for fixed income trading

T Rowe Price rolls out Charles River IMS for fixed income trading

12 August 2003  |  4086 views  |  0 comments

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.nextgenbanking.co.ukVisit www.vasco.comVisit http://info.nice.com

Top topics

Most viewed Most shared
Ripple makes new connections to emerging marketsRipple makes new connections to emerging m...
12132 views comments | 16 tweets | 10 linkedin
hands typing furiouslySome Interesting Applications Of The Inter...
10463 views 4 | 9 tweets | 1 linkedin
Basel Committee outlines disruptive fintech scenariosBasel Committee outlines disruptive fintec...
8858 views comments | 15 tweets | 26 linkedin
Investment Association sets up fintech accelerator for asset managersInvestment Association sets up fintech acc...
8311 views comments | 19 tweets | 10 linkedin
R3 creates Legal Centre of Excellence for blockchain technolgyR3 creates Legal Centre of Excellence for...
7933 views comments | 10 tweets | 14 linkedin

Featured job

Competitive base + commission + benefits
London, UK

Find your next job