EdgePoint Investment Group Taps Charles River For Hosted IMS

Canadian firm is the latest to take integrated portfolio management, trading and compliance platform.

toronto
EdgePoint is based in Toronto.

EdgePoint users now have a single, fully managed solution for portfolio management, trading and compliance across its domestic and international equity and fixed income operations. EdgePoint also leverages Charles River's broker neutral FIX network for global electronic trading. 

Charles River's front-to-middle office solution will support EdgePoint's increasing trade volumes and business growth and enabled the firm to replace several platforms including consolidation of order and execution management systems.    

"With Charles River's flexible decision support tools, we've been able to increase productivity so our portfolio managers and traders can create and place trades more easily, saving time and improving execution," says EdgePoint head trader Craig Donoff. "We've increased efficiencies and reduced our compliance risk throughout the investment management process. Since Charles River hosts and manages the application day-to-day, we can respond more quickly to investor and market demands, further fulfilling our best execution obligations."

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