Japanese fund manager Nissay Asset Management (NAM) is implementing the Charles River Investment Management System (Charles River IMS) to support the full gamut of its asset management operations.
NAM's new platform includes portfolio management and modelling, order management and electronic trading, real-time compliance monitoring and the centralised management of trade matching, confirmation and settlement workflow.
NAM is one of Japan's leading asset managers with seven trillion Japanese Yen under management and is a subsidiary of Nippon Life Insurance Company, the largest life insurance company in Japan.
Nobuaki Sakai, director, NAM says: "The Japanese market has distinctive legal and compliance requirements and we were impressed with the system’s ability to handle these unique compliance rules."