Charles river trading system (crts)

Princeton Financial and Charles River Development announce Charles River Trading System / PAM® Interface.

Charles River and Princeton Financial developed the bi-directional interface to support all investment classes, including equity, fixed income, currency and derivatives. The interface coordinates communication and processing of security master files (SMF), account, holdings and trade information between PAM and CRTS.

The Charles River Trading System automates the investment management process by providing portfolio managers, traders, compliance and operations personnel with portfolio management, order management and straight-through-processing (STP) capabilities. The system incorporates automatic account re-balancing and modeling, electronic trading via FIX, pre - and post-trade compliance monitoring, "what if" analysis, multi-currency cash forecasting and a manager workbench for portfolio management.

"As a mutual customer of Princeton Financial and Charles River, we're thrilled with the operational efficiencies gained by well-integrated trade order management and accounting systems," said Audrey Gan, Vice President of Operations at AEGON Capital Management (previously Transamerica Life). "Our portfolio managers and traders finally have a real-time portfolio management and trading system that is synchronized with our portfolio accounting environment."

"By interfacing with the Charles River Trading System, we offer our clients seamless connectivity to increase the accuracy and efficiency of their investment processes," said Princeton Financial Chief Operating Officer Scott Ferrante. "Our partnership with Charles River is just another example of our commitment to continuing to meet the STP requirements of our clients."

Charles River is a member of Princeton Financial's PFS Solutions Partners Program, which helps clients leverage the maximum benefit of the integrated solutions provided by their PAM system and other service providers. The program refers clients to innovative, industry-leading vendors that provide PAM-compatible interfaces, applications, development support and consulting services.

"The buy-side demand for a comprehensive front-to-back global investment management solution is growing dramatically," said Tom Driscoll, Charles River Vice President of Sales and Marketing. "The integration of PAM and the Charles River Trading System provides clients with a solid, low-risk, best-of-breed approach."

Princeton Financial Systems, a wholly owned subsidiary of State Street Corporation, is a leading provider of investment management and accounting systems and ASP services for global institutional investors. Its flagship PAM® investment management systems provide comprehensive STP-ready front-to-back office functionality that can be licensed for in-house use or accessed via the Internet. PAM® systems are currently used worldwide by 335 leading insurance companies, mutual funds and unit trusts, investment managers, pension funds, and banks, which manage combined total assets near US $3 trillion. Princeton Financial has offices located in the United States; Windsor, England; Brussels; Sydney; Singapore and Toronto.

Charles River Development (CRD) was founded in 1984 and is privately held. CRD develops and markets financial software products and consulting services for the investment management, banking, and insurance industries. Its major products are the Charles River Trading System and the ComplianceMaster compliance monitoring system, which are installed at over 85 major organizations worldwide. CRD is the market leader in buy-side trading and compliance software and processes over US $7 trillion in assets. Charles River, with headquarters in Burlington, MA, has a London office that serves Europe, Africa and the Middle East. Other office locations include San Francisco, Chicago, Singapore and Sydney, Australia.

PAM® is a registered trademark of Princeton Financial Systems, Inc. The Charles River Trading System and ComplianceMaster are trademarks of Charles River Development.

All about Charles River Management Trading System.

The Charles River Management Trading System is one of the top notch and acknowledged softwares suited for innumerable security types that differentiates, automates, streamlines and improves the management operations included in terms of investment.

Utility of Charles River Management Trading System.

It basically includes very comprehensive and trading of foreign exchange and currency management through functional aspects, which includes the trading to increase the amount of settlement cash for respective foreign investments, covering the overall international markets and at the same time, management of the currency mandates.

Process of Charles River Management Trading System.

In the first step, the Block Orders for Foreign exchanges are generates. After this, the Block orders are consecutively placed through FIX. Later, these block orders, with respect to liquidity threshold are filled based. Then, the calculation and analysis of the quotation details takes place. According to the information received, the FX orders are filled, which are then allocated and confirmed in accordance to the respective allocations. Once again the FX orders are filled and then respective settlement negotiations are forwarded to the custodians and the banks.

Management of currency exposure.

The Charles River Manager does the evaluation and management of the forex market through the usage of currency. It also employs the advanced functionality of modeling.

Generation of the contracts based on cost currency forwards or pairing them with the other account currency at base levels. Automatic generation of the FX requirements for the respective foreign exchange settlements which also includes the FX swaps. Systematic roll and consolidation of the forwarding, entirely based on the respective preferences. Day cash settlement of the forecasts. Application of the active currency hedge ratios or mandates across innumerable portfolios. The calculation of the unrealized gains and losses.

Risk Evaluation.

Compliance monitors of Charles River Trading system analyze and evaluate the risk by counterparty, currency and other different attributes through pre-trade, portfolio workflows and post execution. It also aids in the receiving of the alerts and thereby consecutively reviewing the market exposure through the available detailed reports.

Direct connection with the different FX Banks.

The Charles River Management Trader confers the electronic connectivity to some of the top notch FX Banks through the means of Financial Information exchange. These different FX banks which are connected to the Charles River Management Trader are one of the important practices in the quickly transforming regulatory environment.

The other functions which are followed are as follows.

Reduction of errors by application of the consistency of access price and reduction of the other discrepancies which arise due to the manual correction. Mitigation of risk by controlling the overall process. At the same time, it also calculates the timely processing and accurate conductions. Moreover, the comprehensive and thorough audit trail is also conducted. Reduction of the keystrokes through the means of the stream ling of the workflow. It also includes the configuration of the order routing through automatic routing of orders. Enhancements of the operational efficiencies through the minimizing of the transaction costs and prices. It also establishes direct connection with the top notch FX banks. Apart from the settlement workflows it also provides the leveraging of the various automatic acknowledgements.

The Direct analysis and evaluation of the FX orders by the Charles River Management Trader is done through section of the ready FX orders and then the dragging of these orders to the Entry Window.

Thus, the Charles River trading system is user friendly, functionally rich, customizable, scalable, comprehensive, open, connected and deals with multiple currencies.

Implementation Analyst – Charles River Trading System in Edmonton, AB.

Freelance Finney-Taylor Consulting Group Alberta Posted 3 years ago.

Finney-Taylor Consulting Group.

Branch Edmonton AB CA.

Implementation Analyst – Charles River Trading System.

of Charles River Trading System (CRTS). Must Have… solutions for Front Office operations Exposure to IT processes like Operational support, User support…

Job Description : Our Client has an urgent need for an Implementation Analyst for the implementation, support, and maintenance of Charles River Trading System (CRTS).

Must Have Primary Skills :

Gather/analyze business requirements for their understanding and implementation Well versed with implementation, maintenance and support of CRTS solutions Well versed with Front, Middle and Back office workflows Effective communications skills and exposure to Investment Management or Capital Markets Good experience in writing SQL queries Excellent analytical and implementation skills Hand-on experience in Charles River Trading System implementation & applications support.

Nice To Have Secondary Skills :

Experience of production support Knowledge of Investment Management or Capital Markets.

Proven Experience In :

5-7 years of hands-on experience in large scale implementation, maintenance and support of CRTS solutions for Front Office operations Exposure to IT processes like Operational support, User support, release management in investment management applications landscape Experience in carrying out daily activities with CRTS solutions Should have excellent analytical skills with exposure to Investment Management or Capital Markets particularly in Equities and Credit market.

Must Have at least 5 years of experience with/in Implementation & Support Consultant Must Have at least 5 years of experience with/in Analytical Thinking.

Charles River Systems, Inc. Competition.

The streams of global finance come flowing together in Charles River Systems' software and services. The company (which does business as Charles River Development) provides investment software that performs front - and middle-office functions for clients in the financial services industry. Among its customers are banks, hedge funds, insurance firms, mutual funds, and wealth managers. Its offerings include software applications for portfolio management, investment management, decision support, compliance monitoring, trading and post-trade order management, and performance measurement and risk. Charles River also offers professional services such as remote and hosted application management and consulting.

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