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: https://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.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
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. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@waterstechnology.com
More on Trading Tech
Asic probe piles pressure on ASX to deliver Chess replacement
But market insiders think late intervention by regulators could even slow down implementation.
Stakes raised for UK bond, EU derivatives tapes after Ediphy clinches win
The pressure is on for TransFICC, Etrading, Finbourne, and Propellant Digital, who are still vying to provide the UK’s fixed income consolidated tape after Esma awarded the EU’s tape to Ediphy and its partners.
Exchange M&A, US moratorium on AI regs dashed, Citi’s “fat-finger”-killer, and more
The Waters Cooler: Euronext-Athex, SIX-Aquis, Blue Ocean-Eventus, EDM Association, and more in this week’s news roundup.
LSEG officially sunsets Eikon
The exchange operator withdrew the platform from its product lineup this week.
Cloud Wars: Are EU and APAC firms really pining for homegrown options?
Waters Wrap: In the wake of tariffs and regional instability, there’s chatter about non-US firms lessening their dependency on the major hyperscalers. Anthony is not buying it.
Bloomberg, MTS expand portfolio trading to EGBs
The platform providers will follow Tradeweb with the extension of the popular credit protocol.
Doing a deal? Prioritize info security early
Engaging information security teams early in licensing deals can deliver better results and catch potential issues. Neglecting them can cause delays and disruption, writes Devexperts’ Heetesh Rawal in this op-ed.
Google gifts Linux, capital raised for Canton, one less CTP bid, and more
The Waters Cooler: Banks team up for open-source AI controls, S&P injects GenAI into Capital IQ, and Goldman Sachs employees get their own AI assistant in this week’s news roundup.