Folketrygdfondet hosted across all asset classes in front office through Charles River.
Folketrygdfondet, the fund manager in charge of the Norwegian Government Pension Fund and Bond Fund, has gone live on the latest version of Charles River's Investment Management System (IMS).
The long-term asset manager will use the hosted Charles River platform to support the trading and processing of equity, fixed income, forex (FX) and derivative instruments, and automate the portfolio management, compliance, order and execution management processes.
We now have extensive investment management capabilities and integrated compliance throughout the trade life cycle.
"We needed to expand our front-office capabilities, but also wanted a system with low maintenance requirements on our part," says Jorn Nilsen, operations director at Folketrygdfondet.
"We now have extensive investment management capabilities and integrated compliance throughout the trade life cycle, without the burden of system maintenance."
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