Charles River Development, a State Street company, has won “Best Order Management System” at the 2020 Markets Choice Awards. Sponsored by MarketsMedia, the awards identify and recognize the best companies, individuals and innovation in financial markets. This year’s awards span institutional trading and technology sectors, including buy-side traders; sell-side execution desks; exchanges and platforms; incumbent technology providers; and emerging fintech firms.
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“Our OMS helps address those issues, with sophisticated trade auto-routing, full trade lifecycle compliance, and exception-based workflows. This enables traders to focus on the more variable aspects of trading, especially during periods of elevated market volatility.”
Charles River IMS combines a multi-asset order management system (OMS) with full execution capabilities, providing institutional traders with a single integrated order and execution management system (OEMS). The OEMS supports intelligent workflow segmentation, using trade automation for low touch orders and enabling connectivity to multiple liquidity venues and algo providers. Advanced analytics help inform traders managing complex, high touch trades. Charles River’s interoperable platform and growing third-party provider ecosystem enable both incumbent and startup liquidity venues, analytics providers and application developers to integrate their products and services in the OEMS.
“Sourcing liquidity and managing trade risk across asset classes represent significant challenges for asset managers,” said Spiros Giannaros, President, Charles River. “Our OMS helps address those issues, with sophisticated trade auto-routing, full trade lifecycle compliance, and exception-based workflows. This enables traders to focus on the more variable aspects of trading, especially during periods of elevated market volatility.”
Charles River IMS serves as the front and middle office component of State Street Alpha℠, which provides global investment managers, hedge funds, asset owners and insurers with a complete front to back solution for risk management, portfolio construction, trading, compliance, post-trade and back office services.
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