Alliance Trust Selects Charles River for Equity, Fixed Income Support
Alliance Trust PLC, the largest generalist investment trust listed on the London Stock Exchange, and Alliance Trust Asset Management, have selected the Charles River Investment Management System as a single consolidated platform for its equity and fixed-income operations.
The system will be used by Alliance Trust's investment team based in its offices in Dundee, Edinburgh and London, and supported by Charles River's Application Management service.
Following the expansion of Alliance Trust's investment capabilities into fixed income, Alliance Trust sought a single system to manage both equity and fixed-income portfolios. Charles River IMS provided the solution with a single upgrade cycle to be dictated by Alliance Trust.
Alliance Trust will also be using Charles River Compliance across all asset classes to achieve real-time, pre-trade compliance as well as position level/start-of-day compliance. The solution will provide real-time and complete monitoring of overall exposure across the entire organization.
Katherine Garrett-Cox, chief executive of Alliance Trust, says that in order to generate a return for shareholders over the medium to long term through a combination of capital growth and a rising dividend, the asset manager required a cost-effective, reliable and proven multi-asset class software solution, which Charles River provides.
Jon Steward, managing director for EMEA at Charles River Development, says the Burlington, MA-based vendor has experience of working with similar buy-side firms, allowing it to rapidly respond to new requirements. Charles River is also able to quickly scale up the IMS platform as the firms grow.
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@waterstechnology.com or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe
You are currently unable to print this content. Please contact info@waterstechnology.com to find out more.
You are currently unable to copy this content. Please contact info@waterstechnology.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@waterstechnology.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@waterstechnology.com
More on Trading Tech
Chris Edmonds takes the reins at ICE Fixed Income and Data Services
Edmonds is now leading ICE’s fixed income and data business as the rush to provide better data and analytics in fixed income builds.
Systematic tools gain favor in fixed income
Automation is enabling systematic strategies in fixed income that were previously reserved for equities trading. The tech gap between the two may be closing, but differences remain.
Waters Wrap: Examining the changing EMS landscape
After LSEG’s decision to sunset Redi, Anthony examines what might lie ahead for the EMS space.
This Week: Clear Street, AXA/AWS, TD Bank/Google Cloud and more
A summary of the latest financial technology news.
LSEG to sunset Redi EMS in favor of Tora
Sources say competitors will look to seize on the decision to win over Redi’s sizeable US client base.
WatersTechnology latest edition
Check out our latest edition, plus more than 10 years of our best content.
Getting aggressive: Overbond uses AI to assess dealer axes
The fixed-income analytics specialist has developed a new tool to help buy-side firms decide if they’re getting a good price from their dealers.
Most read
- Chris Edmonds takes the reins at ICE Fixed Income and Data Services
- Deutsche Börse democratizes data with Marketplace offering
- Sell-Side Technology Awards 2024: All the winners