Charles River, a front- and middle-office investment management solution provider, today announced that CBRE Clarion Securities, a registered investment advisory firm, is live on the Charles River Investment Management Solution (Charles River IMS) delivered as a hosted service.
CBRE Clarion users now have a fully managed solution for portfolio management, trading, and compliance across its global equities, options and futures operations. CBRE Clarion also leverages Charles River’s broker neutral FIX Network for global electronic trading, integrated data and Compliance Advisory services.
The implementation of Charles River IMS enabled CBRE Clarion to replace several systems with a single platform that could support business growth at a more predictable cost.
“Having Charles River IMS as a hosted service gives us faster access to the latest capabilities and system expertise,” said Robert McManus, CTO, CBRE Clarion Securities. “Our portfolio managers, traders and compliance teams can be more efficient and derive greater value out of a consolidated system, and the firm benefits from a dedicated team managing the infrastructure and providing 24x7 application support.”
“Most investment firms like CBRE Clarion Securities find it difficult to self-manage systems, given the complexities of technology, poor data and the demands on their internal resources,” said Tom Driscoll, Global Managing Director, Charles River. “Charles River’s software-as-a-service approach increases productivity and end user satisfaction by combining critical decision support tools, quality data and global expertise.”