The Charles River Investment Management System will offer clients improved market data capabilities following an agreement with Thomson Reuters, the financial information group.
Technology vendor Charles River Development said the integration of its Charles River IMS with the Thomson Reuters Market Data System would deliver “comprehensive, global real-time exchange, contributed, and reference data with greater control over exchange rights and entitlements”.
Thomson Reuters will provide Charles River IMS users with direct access to streaming real-time market data from 50 premium low-latency venues, in addition to more than 300 markets available via Thomson Reuters real-time feed solutions. For reference data, Charles River clients can perform intra and end-of-day updates to new and existing securities, with access to pricing and corporate actions data across multiple asset classes spanning more than 125 countries. This includes contributed pricing from over 600 sources and 131 exchanges, as well as fixed income evaluated pricing for more than 1.8 million US and global securities.
“Our relationship with Charles River is an endorsement of our commitment to providing investment management firms with rich data that allows them to power business critical applications, generating greater returns and improving operational efficiency,” said Mike Powell, global head of enterprise information, Thomson Reuters.
Charles River Development provides technology systems and services to over 315 investment firms in the institutional, mutual fund, banking, hedge fund, wealth management, insurance and pension industries in more than 30 countries.