Charles River IMS Version 9.1 Now In Production
The Charles River Investment Management System (Charles River IMS) Version 9.1 is now in production. This latest release completes Charles River’s transition to a service-oriented architecture (SOA) and delivers critical functionality for execution management, supports high-volume wealth management accounts and trade allocations, and introduces Charles River Performance, a new module for automated performance measurement, attribution, and performance risk analysis (PMAR).
“Version 9.1 is the only single, consolidated platform with full order and execution management capabilities and performance measurement, attribution and performance risk analysis,” said Peter Lambertus, President and CEO. “Our first client is already live on Version 9.1, leveraging the system’s wealth management capabilities, as well as Charles River Anywhere’s remote order routing functionality.”
Key Version 9.1 enhancements include:
Full order and execution management (OEMS) capabilities: Offers rich, EMS capabilities within the product, at no additional cost to OMS clients, including: one-click execution; algorithmic trading; program trading; integrated real-time data; interactive Level I and Level II display; watch lists; integrated news; integrated pre- and post-trade transaction cost analysis; trade analytics; real-time implementation shortfall monitoring; direct market access; automated smart order routing; and extensive customization options.
Enhanced interfaces with major data providers: Reduces costs and simplifies workflows by supporting real-time Level I and Level II market data, reference data, and contributed and evaluated pricing directly within Charles River IMS.
Advanced wealth management capabilities: Supports high volumes of complex wealth management accounts, including: separately managed accounts (SMAs); unified managed accounts (UMAs); unified managed households (UMHs); and discretionary managed portfolios.
Charles River Performance module: Clients can support GIPS composites, calculate and report on multi-asset and multi-currency performance measurement, equity/fixed income attribution and performance risk measures.
Other enhancements: Improved capabilities for fixed income workflows and curve construction, high-volume trade allocations, foreign exchange trading, and derivatives instruments, such as swaptions.
For a complete list of Version 9.1 features and release notes, please visit the Client Portal.[ Back to top ]