Krung Thai Asset Management Public Co. Ltd. Selects Charles River IMS
Charles River, a front- and middle-office investment management solution provider, today announced that Krung Thai Asset Management Public Company Limited (KTAM), a leading asset management firm based in Bangkok, has selected the Charles River Investment Management Solution (Charles River IMS) delivered as a managed application. The firm is also leveraging Charles River’s integrated Data Management Service and FIX Network. KTAM users across the organization will benefit from automated portfolio management, trading and compliance monitoring. “We followed an intensive selection process, and Charles River provides a single investment management solution that can support our expansion into new, more diversified investment strategies and asset classes,” said Chavinda Hanratanakool, Chief Executive Officer, KTAM. “With Charles River managing our system day-to-day, we can focus on our core business, reduce the time and cost of upgrades, and ensure that our Portfolio Managers, Traders and Compliance team have easy access to the latest capabilities.” “Over the past decade, Charles River has built a strong reputation for understanding and addressing the unique needs of Thailand’s asset managers,” said Cameron Field, Managing Director-APAC. “Our scalable, fully managed solution helps firms like KTAM, simplify and streamline investment management processes, and significantly increase productivity throughout the organization.” About Krung Thai Asset Management Public Company Limited Krung Thai Asset Management Co, Ltd. was formed in August 1999 and is a state enterprise, with the majority shareholder with 99.99% of shares held by Krung Thai Bank Public Company Limited. KTAM provides investment management services to retail clients, institutions and large state enterprises and currently has assets under management of 605,032 Million Baht (January 2015).