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CHARLES RIVER CERTIFIES FIX CONNECTIVITY IN ASIA-PACIFIC AND JAPAN.

AsiaPulse News

| April 01, 2003 | COPYRIGHT 2003 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

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SINGAPORE, April 1 PRNewswire-AsiaNet - Charles River Development, a provider of financial software and consulting services to the global investment management, banking and insurance industries today announced that it has certified FIX connectivity with Deutsche Bank AG in Europe, Asia-Pacific and Japan. As a result, investment managers using the Charles River Trading System (CRTS) for portfolio management, compliance and order management can now route real-time electronic securities orders directly to Deutsche Bank for execution.

FIX certification between the two firms ensures that any client using CRTS can electronically trade through Deutsche Bank using the full range of commonly-used FIX message types, including List messages, IOIs (Indications Of Interest) and Qualified/Foreign Investor IDs.

"Charles River is now giving managers the option to execute their trades electronically," said Cameron Field, managing director of sales and marketing, EMEA/Asia-Pacific at Charles River. "We connect to Deutsche Bank in a number of regions, and are pleased to expand our relationship to offer electronic execution capabilities to Asia-Pacific investment managers."

Charles River is fully FIX-enabled and currently offers FIX certification at no charge to investment managers and brokers. The firm recently announced FIX certification with Salomon Smith Barney in Hong ...

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Source: HighBeam Research, CHARLES RIVER CERTIFIES FIX CONNECTIVITY IN ASIA-PACIFIC AND JAPAN.

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