Source: Charles River Development
Charles River Development (Charles River), an award-winning provider of financial software and services to the global investment management community, today announced that Prudential plc's (United Kingdom) asset management business in Asia, one of the region's largest and most successful fund managers, has implemented the Charles River Investment Management System (Charles River IMS), consolidating its fund management operations in nine Asia-Pacific offices on one integrated platform.
Their users in China, Hong Kong, India, Korea, Japan, Malaysia, Singapore, Taiwan and Vietnam will benefit from automated portfolio management, trading and compliance monitoring of its Asian fixed interest, swaps, and structured products portfolios.
"Charles River IMS helps firms achieve operational efficiencies through scale economies and standardization," said Cameron Field, Managing Director, Asia-Pacific, Charles River Development. "Its flexibility allows clients to configure the system for local markets and multiple countries, currencies and asset classes. Portfolio managers, traders and compliance staff can automatically and effectively manage and execute their funds – spending less time managing multiple systems and processes."
Charles River supports over 50 client firms in 13 Asia-Pacific countries through regional headquarters in Melbourne, primary offices in Singapore and Tokyo and a local presence in Sydney. Its staff of more than 50 multi-lingual professionals understands local requirements and provides on-the-ground consulting, implementation and support services and customized solutions.