Charles River Development is expanding its private cloud through an agreement with CenturyLink.
The arrangement opens up Charles River's Software-as-a-Service offerings to Buy-Side clients in Canada which requires local residency for data and hosting providers.
"We've been broadening our hosted services since 2005, and the addition of CenturyLink's on-the-ground facilities and support assures even more clients that we can process and protect their sensitive data," said Tom Driscoll, Global Managing Director, Charles River. "Our newest functionality in the Charles River Investment Management Solution is SaaS-based. Our agreement with CenturyLink lets clients take full advantage of hosted capabilities regardless of their location."
Charles River's fully managed, private cloud solution is ISO 27001 certified, and helps firms simplify operations and reduce technology costs. Clients have a dedicated instance of Charles River IMS hosted at premier centers with stringent security and disaster recovery capabilities.
"We're pleased to support Charles River as it expands its hosted services in new regions," said Ash Mathur, Regional Vice President and country manager for CenturyLink's Canadian operations. "We have extensive experience in meeting the hosting needs of enterprise customers in Canada, including top financial services customers such as Charles River, with our world-class facilities and support. Our local presence and expertise, combined with Charles River's comprehensive platform, is a powerful solution for Canadian asset managers."