Charles River Development, a leading provider of financial software and services to the global investment management community, says that Artemis Investment Management (Artemis) has selected the Charles River Investment Management System (Charles River IMS) to support its London and Edinburgh based asset management operations. Artemis, which manages retail, institutional and hedge fund products, is active in all principal asset classes and has over 10bn in assets under management.
Charles River IMS is a comprehensive front-to-middle office software suite for portfolio management and modelling (Charles River Manager), order management and electronic trading (Charles River Trader), real-time compliance monitoring (Charles River Compliance), and the centralised management of trade matching, confirmation and settlement workflow (Charles River Post-Trade).
“We conducted a comprehensive review of the leading front office systems vendors and the Charles River IMS provided the best fit for our extensive range of requirements,” says Mark Murray, Chief Operating Officer, Artemis. “We look forward to working with the team at Charles River.”
“Artemis is a high profile investment manager which continues to experience rapid growth,” says Mark Cappell, Managing Director, Charles River Development. “We’re delighted to be selected by this prestigious institution which joins our expanding group of superior European and UK-based asset management clients.”