River, an enterprise-wide, front- and middle-office investment
management solution provider, today announced that Thanachart Fund
Management Co., Ltd. (Thanachart Fund) has selected the Charles River
Investment Management Solution (Charles River IMS) and global FIX
network for automated portfolio management, trading and compliance
Thanachart Fund will use Charles River IMS across its domestic and
international equity, fixed income, and foreign exchange operations,
enabling it to improve the efficiency of its front office and make
better investment decisions. The Charles River Network with complete FIX
administration ensures seamless, reliable electronic trading for the
entire trading lifecycle.
"Charles River IMS allows us to streamline our investment management
processes, from decision support through to exection and settlement,"
said Tragoolchitr Jittasaiyapan, Chief Investment Officer, Thanachart
Fund Management. "With Charles River's FIX network, we are able to
improve our business efficiencies."
"Charles River has been supporting client firms in Thailand for over
nine years and Charles River IMS is a proven solution in the Thai
market," said Cameron Field, Managing Director-APAC, Charles River.
"With the fully integrated Charles River Network and FIX administration,
support for Thai bonds and cash management, as well as flexible
integration to most back-office systems, Charles River IMS will help
Thanachart Fund to simplify operations and boost its trade efficiency."
About Thanachart Fund Management
Founded in 1992, Thanachart Fund offers a wide range of services and
funds to cater to the needs of retail, large-scale, or institutional
investors in the financial and capital markets. It is licensed to offer
services in the management of mutual, private, and provident funds.
Thanachart Fund is a subsidiary of Thanachart Bank, one of the largest
banks in Thailand, and the firm has around THB 156,613 million of total
assets under management, as of June 2014. www.thanachartfund.com
About Charles River
Charles River provides an end-to-end solution to automate front- and
middle-office investment management functions across asset classes on a
single platform. The solution offers a simplified operating model that
includes enterprise software, data, application management/upgrades,
hosting and FIX network to improve investment professional productivity,
control risk and lower technology costs. Charles River serves more than
350 investment firms in 43 countries in the institutional asset and fund
management, private wealth, alternative investments, insurance, banking
and pension markets.
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