EFG Asset Management Selects Charles River IMS to Support Expansion of Fund Management Operations

EFG Asset Management, a division of the Zurich based EFG […]

November 2, 2010

EFG Asset Management, a division of the Zurich based EFG International, has selected the Charles River Investment Management System (Charles River IMS) Version 9.1 to automate its European asset management processes in Geneva, London and Paris. More than 30 EFG users will benefit from advanced performance measurement and attribution, portfolio and order management, and real-time compliance monitoring for all asset classes on a single platform. EFG has also selected the fully-integrated Charles River Network for real-time global electronic trading via FIX (Financial Information eXchange). Charles River’s 24×7 FIX Network Services will provide EFG with complete FIX software administration, connectivity management and support.

In addition to portfolio management and trade order management, EFG will leverage Charles River Performance, Version 9.1’s new integrated performance measurement, attribution and performance risk (PMAR) module.

“Charles River Performance will allow EFG to extend the portfolio management lifecycle by integrating performance results and reporting capabilities – daily and in real-time,” said Jon Steward, Managing Director-EMEA, Charles River Development. “EFG users will be able to directly access all return, contribution, attribution and measurement data for each portfolio – across a variety of timeframes and user-defined contribution levels. They will also be able to perform backward-looking analyses for any historical time period, on any account, and any number of variables.”

In Europe, Charles River maintains regional offices in London and Paris, a local presence in Frankfurt, sales and service partners in South Africa and Dubai. Charles River serves over 300 buy-side clients worldwide, including 80 firms across 17 European countries. In Switzerland, Charles River currently serves seven of the country’s leading asset and wealth managers.

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