Thanachart Fund Management Co has selected the Charles River Investment Management Solution, a provider of front- and middle-office investment management solutions, and the global FIX network for automated portfolio management, trading and compliance moni
Thanachart Fund will use Charles River IMS across its domestic and international equity, fixed-income, and foreign-exchange operations, aiming to improve the efficiency of its front office and make better investment decisions. The Charles River Network with complete FIX (Financial Information Exchange) administration promises seamless, reliable electronic trading for the entire trading life cycle.
“Charles River IMS allows us to streamline our investment-management processes, from decision support through to execution and settlement,” said Tragoolchitr Jittasaiyapan, chief investment officer at Thanachart Fund Management. “With Charles River’s FIX network, we are able to improve our business efficiencies.”
Cameron Field, Charles River’s Asia-Pacific managing director, said: “Charles River has been supporting client firms in Thailand for over nine years, and Charles River IMS is a proven solution in the Thai market.
“With the fully integrated Charles River Network and FIX administration, support for Thai bonds and cash management, as well as flexible integration to most back-office systems, Charles River IMS will help Thanachart Fund to simplify operations and boost its trade efficiency.”
Thanachart Fund, founded in 1992, offers a wide range of services and funds to cater to the needs of retail, large-scale, or institutional investors in the financial and capital markets. The firm had around Bt156.6 billion of total assets under management as of June.