Fixed Income Trading - Charles River Development

Fixed Income Trading
Full Trade Life Cycle Support on a Single Platform
The Charles River Investment Management Solution (IMS) consolidates all fixed income
trading on one scalable and simplified platform. Charles River IMS provides full trading
lifecycle support that incorporates key data at the point of execution and direct
connectivity to ECNs and other liquidity providers. This reduces context switching with
external systems and streamlines the fixed income trading process. Traders can easily
access critical information, find liquidity and quickly execute trades.
Key Benefits
• Improves access to liquidity
• Facilitates price discovery
• Enhances trade execution quality
• Trader-centric functionality
• Direct integration with dealer
inventory, trading venues & trade
data
Charles River IMS
supports the entire
trade life cycle
• Search and mine trade history to
improve decision support
• Single platform with integrated
portfolio management
• Consolidates & simplifies fixed income
market data into a single system
• Support for standard FIX protocol &
file integration
• Reduce the cost of trading by
reducing manual intervention
Industry Trade Data
Other Data Providers
Dealer Inventory
ATS Venue Aggregation
Indicative Prices
Dealer Runs
Axes
“Click to Trade”
Streaming Prices
Direct Connectivity
Internal Order
& Trade Data
FIX Execution Options
Solicited
Direct
Integration
Charles River IMS incorporates key
data at the point of execution and
direct connectivity to ECNs and
other liquidity providers
Fixed Income Trading Overview
A consolidated view of orders, quotes, prices and trade history enables streamlined workflows for fixed income managers
Inventory Aggregation
Inventory aggregation removes a trader’s dependency on the antiquated and error prone
manual process. The system aggregates indicative prices streamed directly from the dealer
community and displays this data grouped by dealer. Indicative pricing is intended to enhance
the phone conversations between traders and dealers, allowing them to see pricing in real-time.
This view displays indicative prices streamed in directly from the dealer community
Firm’s Trade History
Trade history views are driven off of firm trade data, and provide trade summary details for all
orders executed in a selected security. These views are highly configurable, and can display trade
summary details based on a specific set of criteria such as ratings, sector, maturity date, and
issuer. This screen and the underlying database provide the framework and building blocks for
advanced execution quality metrics.
Integrated Electronic Execution
Charles River IMS supports bi-directional FIX connectivity with fixed income ECNs and other
electronic venues. Traders can request firm and executable prices, which are then aggregated
and displayed in a standard view by Price, Size, and Time. The user can then execute against these
prices, which will generate a FIX order and facilitate execution with the sponsoring venue. All
trading and price discovery activities are integrated within the system.
Click-to-execute functionality improves trader efficiency by providing streaming firm and executable prices
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. Delivered as a hosted service, the
solution offers a simplified operating model that improves data quality and investment professional
productivity, controls risk and lowers technology costs. Charles River serves more than 350 investment
firms in over 44 countries in the institutional asset and fund management, private wealth, alternative
investments, insurance, banking, and pension markets.
Charles River Development reserves the right to change plans, priorities and
future enhancements at any time without notice. (Updated January 2016)