May 10, 2013
Melbourne, May 8th 2013 - Charles River, a front- and middle-office investment management solutions provider, today announced that Daiwa SB Investments (DSBI), with more than JPY4.97 Trillion AUM, has upgraded to the Charles River Investment Management Solution Version 9 (Charles River IMS). A client since 2005, DSBI leverages Charles River IMS as its single enterprise solution for portfolio management, trading, and pre-trade compliance monitoring across its international and domestic investment management operations.
"With Charles River IMS Version 9, our portfolio managers, traders and compliance officers can now manage day-to-day investment management activities more efficiently," said Fumiki Fukawa, Head of IT Planning, DSBI. "We have also been able to decommission many legacy in-house EUC modules, resulting in a simplified architecture and fewer systems to support."
"Version 9 completes Charles River's transition to a service-oriented architecture that standardizes existing workflows for Japanese firms, like DSBI, providing greater efficiency and improved performance throughout the trade lifecycle," said Cameron Field, Managing Director-APAC, Charles River. "Our scalable solution and on-the-ground experts give DSBI a competitive advantage in Japan by providing support for asset class expansion and new investment strategies."
Re-disseminated by The Asian Banker