Charles River, an enterprise-wide, front- and middle-office investment management solution provider, today announced that Delaware Investments, a member of the Macquarie Group, is live on the private cloud-based Charles River Investment Management Solution (Charles River IMS) for portfolio management and trading equity assets, and compliance monitoring for all equity and fixed income asset classes across the firm.
Delaware Investments is also using Charles River's broker-neutral FIX Network and administration. The on-time implementation, delivered within eight months, supports Delaware Investments users in multiple offices on a single platform.
"Charles River has simplified our workflows, increased productivity for portfolio and compliance officers, and allows our traders to react more quickly to market opportunities," said Philip N. Russo, chief administrative officer, Delaware Investments.
"Charles River helps buy-side firms, like Delaware Investments, reduce risk and lower technology costs by hosting and managing our software, data and FIX connectivity in a private cloud," said Spiros Giannaros, Managing Director-Americas, Charles River. "Clients gain immediate access to our latest product enhancements and global expertise, so they can concentrate on core business needs."