Krung Thai AM Goes with Charles River

KTAM manages $17 million and is owned by the state.

KTAM is based out of Bangkok.

Bangkok-based Krung Thai Asset Management (KTAM), which manages $17 million and is a subsidiary of the state-run Krung Thai Bank Public Company, has selected the Charles River Investment Management Solution (IMS) for portfolio management, trading and compliance monitoring.

"We followed an intensive selection process, and Charles River provides a single investment management solution that can support our expansion into new, more diversified investment strategies and asset classes," said Chavinda Hanratanakool, CEO of KTAM, in a statement. "With Charles River managing our system day-to-day, we can focus on our core business, reduce the time and cost of upgrades, and ensure that our portfolio managers, traders and compliance team have easy access to the latest capabilities."

KTAM will also use Charles River's integrated data management service and FIX network.

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