Mitsubishi UFJ Asset Management (MUAM) has completed the first phase of a major project to move its fixed income operations on to the Charles River Investment Management System (IMS).
The project calls for the automation of MUAM's international front- and middle-office fixed income investment operations on a single integrated platform providing streamlined trade order management, and real-time pre- and post-trade compliance monitoring.
The first-phase roll-out entailed the deployment of the Japanese MSSQL Server 2000 on a Fault Tolerant server and a hook-up to MUAM's existing data warehouse (JITA) and local Japanese accounting systems and market data providers.
The international implementation is to be followed by the introduction of the system in the domestic Japanese market.
Charles River has invested heavily to support its market presence in Japan, opening a Tokyo office in August and forging partnerships with Liquidnet and Omgeo in the region.
Cameron Field, managing director-Asia Pacific, Charles River Development says the firm now supports more than 20 clients in Japan through the Tokyo office.