Consolidated Order and Execution Management System
Charles River IMS revolutionizes trading operations by seamlessly integrating an Order Management System (OMS) with multi-asset execution capabilities to form a consolidated Order and Execution Management System (OEMS). This innovative platform empowers traders to efficiently manage high touch orders, mitigate trade risks, and ensure best execution practices. By providing comprehensive support throughout the trade lifecycle, including integrated compliance and workflow automation, clients can effectively handle even the most complex institutional portfolios within a single unified system.
Key Features and Advantages
The Charles River OEMS eliminates the inefficiencies associated with utilizing separate order and execution management platforms, such as multiple interfaces, fragmented workflows, and order staging dilemmas. Traders benefit from a seamless experience that eliminates the need to switch between systems or manually re-enter critical information, leading to time savings and reduced errors. Moreover, the platform extends its advantages beyond the trading desk, enhancing compliance and auditing practices, lowering operational risks, and simplifying overall infrastructure management.
Enhanced Capabilities
Key functionalities of Charles River IMS include a combined OMS and EMS supporting the full trading lifecycle, the ability to manage list and portfolio execution strategies, comprehensive compliance monitoring, and integrated visualization of broker and counterparty eligibility checks. Real-time market, order, and analytic data monitoring, along with streamlined trade and order data capture for regulatory reporting, further enhance the platform's capabilities. Traders can efficiently organize orders using spreadsheet-like filtering, grouping, and sorting features, while flexible openness through open APIs and configurable FIX integrations ensures seamless interoperability.
Global Connectivity and Network
With the Charles River Network facilitating fast and reliable direct access between buy-side clients and sell-side brokers, traders can access over 700 global liquidity venues and connect with numerous data providers and third-party Transaction Cost Analysis (TCA) providers. The platform supports trading across 150+ liquidity platforms and 540+ brokers globally, offering integration with over 90 algorithmic brokers supplying access to 600+ global and regional algorithms. The network's robust connectivity management and FIX software administration ensure efficient trading operations for clients.
Seizing the T+1 Settlement Opportunity
Charles River is well-positioned to support investment managers in transitioning to the T+1 trade settlement cycle, offering advanced services to enhance readiness, manage risks, and avoid settlement failures. The shift to T+1 settlement in the US, Canada, and Mexico presents a growth opportunity for organizations looking to drive operational improvements through process enhancements. By partnering with Charles River, investment managers can leverage a range of services designed to facilitate a seamless transition to the future settlement cycle.