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Thailand's SCB Asset Management Selects Charles River IMS and Integrated FIX NetworkMELBOURNE, Australia --(Business Wire)-- Charles River, an enterprise-wide front- and middle-office investment management solutions provider, today announced that SCB Asset Management Company Limited has selected the Charles River Investment Management Solution Version 9 (Charles River IMS) and broker-neutral Charles River FIX Network for automated portfolio management, electronic trading and execution management, and compliance monitoring. Charles River has a well established reputation for supporting Thai investment firms. SCBAM's portfolio managers can now handle multiple portfolios simultaneously, automatically track rders on the dealing desk, and monitor cash positions in real-time. The Charles River FIX Network also allows SCBAM to broaden its investment capabilities by accessing key markets and counterparties. "As Thailand's adoption of FIX electronic trading continues to grow, local fund managers, like SCBAM, are demanding integrated solutions to ensure a competitive edge, both domestically and internationally," said Cameron Field, Managing Director-APAC, Charles River. "Full integration between Charles River IMS and the Charles River FIX Network gives SCBAM direct access to sell-side brokers and trading venues, improving trading reliability and increasing the value of their investment in Charles River." About SCB Asset Management Established on March 18, 1992, SCB Asset Management Co., Ltd. is an affiliate of Siam Commercial Bank, licensed by the Finance Ministry to manage mutual funds, provident funds, and private funds. With an expertise in offering products and continued achievements in sound and stable portfolio management, and strict adherence to a code of ethics and realization of the best interests of investors, the company's net asset value under its management has gradually increased and reached 671,976 Million Baht as of January 31, 2013. SCB Asset Management Co., Ltd. is ranked as one of the top three asset management firms in Thailand. About Charles River Charles River provides an end-to-end solution to automate front- and middle-office investment management functions across asset classes on a single platform. The solution offers a simplified operating model that includes enterprise software, data, application management/upgrades, hosting and FIX network to improve investment professional productivity, control risk and lower technology costs. Charles River serves more than 350 investment firms in 43 countries in the institutional asset and fund management, private wealth, alternative investments, insurance, banking, pension and custody markets.
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