Charles River grows customer base in Thailand

Charles River grows customer base in Thailand

Specialist vendor Charles River has supplied its flagship Investment Management Solution (IMS) to Bangkok Bank’s subsidiary, Bangkok Capital Asset Management (BCAP).

The IMS front-to-middle office system, supplied on a Software-as-a-Service (SaaS) basis, has automated BCAP’s investment process, says the vendor, “from portfolio management through trading, compliance, and settlement”.

Charles River is also providing its Data Service to BCAP, for real-time pricing for the local and international markets.

Thanavut Pornrojnangkool, BCAP’s CIO, comments that IMS “gives us the capabilities and scale to grow our business”.

BCAP has become the 12th asset manager in Thailand to opt for Charles River’s IMS. The vendor has been present in the local market for over a decade. Users include Krung Thai Asset Management, Phatra Securities, Thanachart Fund Management and SCB Asset Management.