Buy-Side Technology Names Charles River Development “Best Technology Provider for 2011”

November 9, 2011

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BOSTON--(BUSINESS WIRE)-- Charles River Development (Charles River), a front- and middle-office investment management solutions provider, was named “Best Technology Provider for 2011” at the Buy-Side Technology Awards. Presented in London on November 4^th, this top award acknowledges Charles River’s comprehensive, single-solution for buy-side firms across areas such as OMS, EMS, Compliance, Data Services, and Hosting/Application Management and its longstanding commitment to product and service excellence.

“No company was more deserving of this top award than Charles River, given its unrivalled track record across the front-office in the Buy-Side Technology Awards over the years, and the firm’s continued evolution,” said Victor Anderson, editor-in-chief, Waters and WatersTechnology.

“Charles River is honored to be recognized for providing buy-side firms of all sizes with an enterprise investment management solution that helps support strategic business initiatives while reducing risk and cutting costs,” said Peter Lambertus, president and chief executive officer, Charles River Development. “Over the last 20 years, Charles River has continued to evolve the Charles River IMS to better support our clients’ business needs through a combination of integral software applications and services that simplify IT requirements without sacrificing functionality and flexibility.”

Judges for the Buy-Side Technology Awards 2011 included the publication’s editors and representatives from leading buy-side-focused technology consultancy firms.

Charles River’s selection as the Buy-Side Technology 2011 “Best Technology Provider of the Year” follows several recent awards, including: Investment Technology Awards 2011, “Top OMS in Canada; AsianInvestor’s 2011 Service Provider Awards, “Best OMS;” and American Banker/Financial Insights 2011, “FinTech Top 100.”

About Charles River Development

Charles River Development provides software, hosting and data services to automate front- and middle-office investment operations for buy-side firms. On-premises software and SaaS solutions support portfolio management, compliance and risk monitoring, order and execution management, and access to global liquidity. The company has more than 300 clients in 39 countries in the institutional asset and fund management, alternative investments, wealth management, insurance, banking, pension and custody markets.