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CHARLES RIVER IMS TO SUPPORT STANDARD LIFE INVESTMENTS' OPS.

Asia Africa Intelligence Wire

| March 03, 2004 | COPYRIGHT 2003 Financial Times Ltd. (Hide copyright information)Copyright

(From Asia Pulse)

(Full text of a statement. Contact details below.)

SYDNEY, March 3 /PRNewswire-AsiaNet/ --

Charles River Development today announced that global fund manager Standard Life Investments, with over US$145 billion in assets under management, has selected the Charles River Investment Management System (Charles River IMS) to facilitate its global investment management operations. Charles River IMS will replace Standard Life Investments' internal systems and will support the firm's global equity, fixed income, money market and derivative operations.

Standard Life Investments selected a phased implementation approach and is rolling …

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