Bringing you live news and features since 2006 

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

RELATED TOPICS​

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.”

Latest News

ETF data consultant ETFGI reports that assets invested in the global ETF industry reached a new record of USD12.71 trillion..
Calastone has published an ETF white paper which examines several of the processes that take place across the lifecycle of..
Adapting product lines to fit into changing methodologies and meet shifting demand is essential to remaining relevant in the industry..
Investors urgently need greater access to diversified investment strategies aligned with the Paris Agreement on climate change if the world..

Related Articles

Taylor Krystkowiak, Themes ETFs
Themes ETFs opened its doors in December 2023, with an introductory suite of 11 ETFs – seven thematic and four...
Konrad Sippel, Solactive
At the end of March, financial index specialist, Solactive, published its 2024 annual report on future trends.  ...
Lorraine Sereyjol-Garros, BNP Paribas
Following changes to the French Monetary and Financial Code and of the French market authority AMF’s General Regulation, it is...
Ed Rosenberg, Texas Capital
Texas Capital Bank first opened its doors back in December 1998 and nowadays offers wealth-management services, as well as commercial,...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by