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Alliance Trust selects Charles River Development’s consolidated platform to Automate Equity and Fixed Income Operations


The system will be used by Alliance Trust’s investment team based in its offices in Dundee, Edinburgh and London, and supported by Charles River’s Application Management service.

Following the expansion of Alliance Trust’s investment capabilities into fixed income, Alliance Trust sought a single system to manage both equity and fixed income portfolios. Charles River IMS provided the solution with a single upgrade cycle to be dictated by Alliance Trust. As part of the Charles River solution, Alliance Trust will also be using Charles River Compliance across all asset classes to achieve real-time pre-trade compliance as well as comprehensive position level / start of day compliance. The solution will provide real-time and complete monitoring of overall exposure across the entire organisation.

“Our perennial focus is on our investor promise, which is to generate a real return for shareholders over the medium to long term through a combination of capital growth and a rising dividend,” says Katherine Garrett-Cox (pictured), chief executive of Alliance Trust. “To achieve this, we require a cost-effective, reliable and proven multi-asset class software solution. In Charles River IMS, we are confident that we have procured an industry-leading capability with the flexibility to accommodate our development plans and reduce the burden of auxiliary systems.”

“Charles River’s flexible solutions support growing asset managers like Alliance Trust, handling all asset classes, high trading volumes and unlimited numbers of portfolios with consistent high performance,” says Jon Steward, managing director, EMEA, Charles River Development. “By entrusting the day to day management of the system to us, Alliance Trust benefits from our knowledge, and we can ensure they are always using the system to its maximum potential. We have the experience of working with similar buy-side firms to quickly respond to new requirements, and we’re able to rapidly scale up the solution as they grow.”

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