Charles River Development has had its Charles River Investment Management Solution (IMS) integrated with ChartIQ, a software and solutions provider.
The new integration will help provide institutional traders with visualization tools aimed at improving overall investment decisions.
The collaboration represents a new opportunity for traders, with a range of benefits bestowed by the Charles River IMS.
This includes assisting traders with pre-trade technical analysis, as well as assessing in-trade market impacts and streamlining post-trade execution quality.
“ChartIQ’s extensive visualization and integration capabilities work with Charles River IMS to offer institutional traders new analytics accessible directly from the OEMS,” explained Spiros Giannaros, President, Charles River.
Charles River IMS is the group’s most comprehensive solution to date, helping bridge an order management system (OMS) with multi-asset execution capabilities.
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In doing so, the IMS helps foster a consolidated order and execution management system (OEMS).
The move is important to solutions providers such as ChartIQ, given the emphasis and benefits OEMS yields for traders.
By leveraging OEMS, traders can work more proactively at generating alpha, whilst managing risk and helping inform their firm’s strategic investment decisions.
“Leveraging ChartIQ’s innovative software framework further empowers our engineering teams with best-of-breed development tools. In turn, our clients gain new capabilities to better inform their trading and de-risking decisions across asset classes,” reiterated Mr. Giannaros.
“We are thrilled at the opportunity to collaborate with Charles River. Together, we’ll be equipping the world’s largest asset managers and hedge funds with the most cutting-edge trading and execution analysis available,” noted Dan Schleifer, CEO and co-founder of ChartIQ.
According to Mr. Schleifer, “With the trend toward downsized trading desks, improving trader productivity is top of mind for asset managers. By embedding ChartIQ, Charles River can provide traders with new decision support applications that speed time-to-information for the securities and markets they trade in.”