AIG Private Bank to use CRD for compliance monitoring

Zurich-based AIG Private Bank has installed the Charles River IMS (Investment Management System) to automate compliance monitoring across AIG Fund Management, its mutual fund management arm. The deal extends AIG's existing relationship with Charles River to five countries; the US, Canada, Japan, Singapore and Switzerland. The new offering will provide AIG Private Bank with end-of-day compliance monitoring for all asset classes. It will allow users to become compliant with Swiss and other reg

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