With the help of the Data Service solution from Charles River, portfolio managers and customers will receive reference data in a single feed, aggregated from multiple data sources, including security reference, pricing/evaluation, and issuer data.
The Data Service will be fed directly into the Charles River Investment Management Solution which Rainier Investment has been implementing since 2006.
Rainier director of Information Technology Ian Sale said that the Charles River Data Service offers the company a solution to increasing data costs and data management complexity. By utilizing Charles River’s data services, we now have a single point of contact for order management system data and software.
"Upgrading and tight integration with Charles River IMS enables data updates overnight and throughout the day, as well as real-time security setup and custom data feeds will help clients specific business requirements added Sale.