Thailand-based Thanachart Fund Management has chosen the Charles River Investment Management Solution (Charles River IMS) and global FIX Network for automated portfolio management, electronic trading and execution management and compliance monitoring.

Under the partnership, Thanachart Fund will deploy Charles River IMS across its domestic and international equity, fixed income, and foreign exchange operations to enhance the efficiency of its front office and make better investment decisions.

The implementation of Charles River Network with complete FIX administration will guarantee seamless, reliable electronic trading over the entire trading lifecycle.

Additionally, Charles River IMS will allow Thanachart to streamline its investment management processes, right from decision support through to execution and settlement

Tragoolchitr Jittasaiyapan, CIO, Thanachart Fund Management, said: "With Charles River’s FIX network, we are able to improve our business efficiencies."

Cameron Field, managing director-APAC, Charles River, said: "With the fully integrated Charles River Network and FIX administration, support for Thai bonds and cash management, as well as flexible integration to most back-office systems, Charles River IMS will help Thanachart Fund to simplify operations and boost its trade efficiency."