Charles River Development, a provider of financial software and services to the investment management community, yesterday announced that Metzler Investment, privately owned since 1674, with €30 billion of assets under management, has selected the Charles River Investment Management System.
Metzler’s growing order management and electronic trading operation required an integrated investment management system with FIX (Financial Information eXchange) connectivity to support STP. Metzler will implement Charles River Trader and Charles River Post-Trade in Frankfurt, Germany, followed by its operations in Dublin, Ireland. The Charles River Network will also enable Metzler users with direct-connect FIX access to global trading destinations.