Charles River Development, a State Street Company, announced that Charles River Investment Management Solution (Charles River IMS) has been awarded “Best Wealth Management Product” by FinTech Breakthrough, an independent organization that recognizes the top companies, products and technologies in global financial technology markets. The 2020 FinTech Breakthrough Awards showcase market leaders across twelve sectors including Investments, Wealth Management and RegTech.
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“Our scalable, enterprise platform brings centralized portfolio management and trading capabilities to wealth managers offering differentiated solutions to high net worth and mass affluent investors.
Charles River IMS supports the entire investment lifecycle, from model management, asset allocation, and risk, through to trading, settlement and position keeping. Its multi-asset and multi-currency capabilities and support for region-specific frameworks enable firms to manage all products on one platform, including SMA/UMA, Rep as PM, Rep as Advisor and private banking.
“Firms are looking for solutions that help them manage rapidly growing account volumes, comply with fiduciary and regulatory obligations and consolidate wealth and institutional business lines on a single platform,” said Randy Bullard, Global Head of Wealth, Charles River. “Our scalable, enterprise platform brings centralized portfolio management and trading capabilities to wealth managers offering differentiated solutions to high net worth and mass affluent investors.”
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