Charles River, a front- and middle-office investment solutions provider, today announced that Causeway Capital Management LLC, a Los Angeles-based institutional asset manager, has implemented the latest release of the Charles River Investment Management Solution Version 9 (Charles River IMS V9) across its international equity operations.
Causeway Capital's users benefit from Charles River IMS V9's enhanced trade order and execution functionality and portfolio management support for a high volume of accounts and large benchmarks, as well as improved analytics, usability and end-to-end compliance monitoring. Causeway Capital also uses the Charles River Network with outsourced FIX administration for global electronic trading, and the Charles River Anywhere web-based workstation for remote access.
"We began using Charles River IMS in 2008, and it has remained one of our critical applications, streamlining workflows and supporting compliance across the organization," said Pete Petersen, Director of Technology, Causeway Capital Management. "Charles River's experts from engineering, technical support and client services have responded to our unique needs and delivered strong customer service. With version 9, our Portfolio Managers, Traders and Compliance staff have improved flexibility and scalability to support our firm's future requirements, including mandates from clients and regulators."
"Since its release, more than 85 buy-side firms worldwide have gone live on version 9," said Tom Driscoll, global managing director, Charles River. "It represents Charles River IMS's evolution from an order management system to an overall enterprise solution covering all aspects of the front- and middle-office. It incorporates major advances in fixed income portfolio management and trading, execution management, equity and FX trading, derivatives, analytics, performance measurement and attribution, risk analysis and compliance. Charles River also incorporates cost-effective hosting, application management and a fully-managed data service."