BMO Global Asset Management Asia And LGM Investments Select Cloud-Based Charles River IMS For Hong Kong And London Operations
BMO Global Asset Management Asia and LGM Investments will use Charles River IMS in a fully hosted and managed environment for portfolio management, trading, compliance, and post-trade processing across its equity, fixed income, and ETF operations. They will also leverage Charles River’s broker-neutral FIX network.
“Charles River IMS will enable us to further reduce operational risk and enhance workflow efficiencies,” said Amit Prakash, Managing Director, BMO Global Asset Management Asia. “Using a single hosted platform will help optimize our business processes, allowing us to focus on delivering the best possible client service.”
“Charles River’s private cloud solution helps investment management firms to simplify their operations, improve data accuracy, and reduce costs,” said Cameron Field, Managing Director APAC, Charles River Development. “Clients like BMO can rely on Charles River experts to manage the day-to-day application and infrastructure, ensuring timely access to new functionality and increased user satisfaction.”