Australian portfolio manager expands Charles River relationship

SYSTEM SWITCH | BTFINANCIAL EXPECTS NEW SYSTEM TO GENERATE EFFICIENCIES

SYDNEY – BT Financial Group, a unit of Australia's Westpac Banking Corporation, will move its fixed interest and money market trading and compliance functions to the Charles River Investment Management System (Charles River IMS).

A CRD client since 2002, BT had previously been using Charles River IMS for portfolio-level compliance monitoring and reporting across its Australian funds.

Now, the firm trades variable rate notes, corporate bonds, Australian Commonwealth government bonds, and all it