Delaware Investments Goes Live on Charles River’s Cloud-Based IMS

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Delaware Investments is based in Philadelphia, Pennsylvania, and is part of Macquarie Group.

Delaware Investments will also be able to access Charles River's broker-neutral FIX Network and administration on the private cloud

"Charles River has simplified our workflows, increased productivity for portfolio and compliance officers, and allows our traders to react more quickly to market opportunities," says Philip Russo, chief administrative officer at Delaware Investments.

In a recent survey of CIOs, research firm Gartner found that cloud-based infrastructure as a service was one of the fastest-growing technologies in the industry, expanding 44.9 percent in 2014. The consultancy says that agility, not cost, is the primary reason firms adopt cloud computing.

 

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