Ayudhya Fund Management Co., Ltd., with $1.6 billion of assets under management, has gone live on the Charles River Investment Management System (Charles River IMS).
Ayudhya Fund Management, which is principally owned by the Bank of Ayudhya, Thailand’s fifth-largest bank, implemented Charles River’s scalable system to support its portfolio management, electronic trading and compliance operations for all asset classes, including: SWAPs and other derivatives, options, foreign exchange and international fixed income, as well as exotic securities and Thai-equity and fixed income products.
“With its local team and knowledge of Thailand’s unique compliance, trading and fund management issues, Charles River was the obvious choice for us,” says Chatrapee Tantixalerm, Ayudhya’s CEO. “We now have the most modern investment management system available, which Charles River delivered as planned. Thailand has some very complex investment products, including Thai bonds and other fixed income instruments. Charles River proved that it can handle these complexities, and we are confident in their ability to support our future investment management needs.”