MELBOURNE, Australia–(BUSINESS WIRE)–Nov. 01, 2018
Krungsri Asset Management Co Ltd. (Krungsri Asset), a leading Thai asset management company, is live with enhanced portfolio management capabilities across all asset classes on the Charles River Investment Management Solution (Charles River IMS). A client since 2005, Krungsri Asset uses Charles River IMS for portfolio management, trading and compliance, including cash management, currency hedging and FX across the front office.
“The communication and collaboration among portfolio managers, traders and compliance is greatly improved and means they can make more timely and informed decisions in the construction and management of portfolios,” said Prasert Impornrugee, Head of IT, Krungsri Asset. “By having the latest front office capabilities, we have been able to eliminate legacy workflows and reliance on spreadsheets.”
“Charles River IMS allows firms to lower their costs and simplify day to day operations by consolidating platforms,” said Cameron Field, Managing Director – Asia Pacific, Charles River. “Plus, having a single view of their investments helps clients like Krungsri Asset improve front office productivity and better manage risk across their business.”
About Krungsri Asset Management
Krungsri Asset Management Co., Ltd. (Krungsri Asset) is a leading asset management company in Thailand, offering a comprehensive range of products and services including mutual funds, private funds, provident funds, property funds and management of investment in future contracts. The Company was founded in 1996 as Ayudhya Jardine Fleming Co., Ltd (AJF), changing its corporate name to Krungsri Asset Management Co., Ltd in 2011. Krungsri Asset is committed to the delivery of unrivalled products, outstanding services, and stable returns to our clients. For more information, please visit www.krungsriasset.com
About Charles River, a State Street Company
Charles River Development, a State Street Company, enables sound and efficient investing across all asset classes. Investment firms in more than 40 countries use Charles River IMS to manage more than US$25 Trillion in assets in the institutional investment, wealth management and hedge fund industries. Our Software as a Service-based solution (SaaS) is designed to automate and simplify investment management on a single platform – from portfolio management and risk analytics through trading and post-trade settlement, with integrated compliance and managed data throughout.
Headquartered in Burlington, Massachusetts, we support clients globally with more than 750 employees in 11 regional offices.
For more information, please visit www.crd.com.
About State Street Corporation
State Street Corporation (NYSE:STT) is the world's leading provider of financial services to institutional investors including investment servicing, investment management and investment research and trading. With $33.9 trillion in assets under custody and administration and $2.7 trillion* in assets under management as of June 30, 2018, State Street operates globally in more than 100 geographic markets and employs over 38,000 worldwide. For more information, visit State Street's website at http://www.statestreet.com/platformforgrowth
* Assets under management include the assets of the SPDR® Gold ETF and the SPDR® Long Dollar Gold Trust ETF (approximately $33 billion as of June 30, 2018), for which State Street Global Advisors Funds Distributors, LLC (SSGA FD) serves as marketing agent; SSGA FD and State Street Global Advisors are affiliated.
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