BMO Global Asset Management (GAM) has selected Charles River's Investment Management Solution (IMS) for use in its London and Hong Kong operations, the vendor has announced.
Charles River IMS will deploy into both BMO GAM and boutique subsidiary LGM Investments, and will be used for a range of functions such as portfolio management, compliance and other areas across equity and fixed income trading. BMO GAM will be taking IMS through a private cloud delivery mechanism.
"Charles River IMS will enable us to further reduce operational risk and enhance workflow efficiencies," says Amit Prakash, MD at BMO GAM Asia. "Using a single hosted platform will help optimize our business processes, allowing us to focus on delivering the best possible client service.""
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