Charles River Development says AmerUs Capital Management has invited the firm to furnish it with electronic trading, order management, and real-time compliance capabilities for its fixed income investment operations.
AmerUs Capital Management is a subsidiary of AmerUs Group, a producer of life insurance and annuity products, with total assets of $21.8 billion. AmerUs Capital Management will implement Charles River Trader and Charles River Compliance, two components of the Charles River Investment Management System (Charles River IMS).
Charles River says AmerUs is the 56th fixed income fund manager to buy from it. “We carefully reviewed multiple systems and chose Charles River for its unique ability to provide comprehensive and flexible support for multiple asset classes, including mortgage securities and TBA processing,” says Gregory D. Boal, president of AmerUs Capital Management and chief investment officer for AmerUs Group. ” In addition, the Charles River system is extremely flexible with regards to our workflow and data needs and offers seamless connectivity with electronic trading venues like TradeWeb.”
Other asset managers who use Charles River IMS for fixed income include T. Rowe Price and Northern Trust.