Jul 21, 2014
Boston - Charles River , an enterprise-wide, front- and middle-office investment management solution provider, today announced that EAM Investors, LLC, is live on the Charles River Data Service for batch reference and issuer data, real-time pricing, new security setup, and the recently-offered constituent-level benchmark data. EAM has implemented the private cloud-based Charles River Investment Management Solution (Charles River IMS) and is also using the Charles River FIX network for electronic trading.
"Charles River has improved our execution capabilities and investment guidelines monitoring by delivering accurate data to our portfolio managers and traders," said Derek J. Gaertner, Director and Chief Operating Officer, EAM Investors. "With Charles River hosting the system and managing the data, we have lower technology costs and can focus our time on our core competencies."
"Front-office systems are some of the biggest consumers of data, and as the volume and number of feeds increase, so do data costs and complexity," said Brad Haigis, Director, Data Services, Charles River Development. "Charles River addresses these challenges for firms, like EAM, by providing a single, fully managed data service that supports the complete trade lifecycle."
The Charles River Data Service is an integral part of Charles River's Software as a Service (SaaS) solution and is also available to legacy client-hosted environments.
Re-disseminated by The Asian Banker