05/29/12 -- Charles River,today announced an expansion of its relationship with Australia'slargest corporate super fund, Telstra Super. The front- andmiddle-office investment management solutions specialist willprovide Charles River Investment Management System Version 9(Charles River IMS), to support a new fixed income desk, providingTelstra Super with direct control over its investments by bringingmore of its funds management in-house. Telstra Super manages over AUD$11billion for more than 100,000members in Australia. According to John Eliopoulos, Head ofAustralian Equities, its relationship with Charles River, whichbegan in 2008, allows Telstra Super to advance new businessinitiatives and introduce new instruments easily and efficiently. "The flexibility and scalability of Charles River IMS meant wecould expand our range of investment products, increase the amountof funds managed internally and reduce the administration expensestraditionally associated with multiple managers," Mr Eliopoulossaid. Telstra Super's use of Charles River IMS across its equity, fixedincome and money market instruments provides numerous benefits tothe fund, including: greater trading accuracy and efficiency expanded analytics, instrument coverage and reporting real-time pricing fully-integrated compliance throughout the entire tradinglifecycle, and the ability to monitor the effects of proposed orders acrossmultiple portfolios "Charles River helps superannuation schemes like Telstra Superaddress the increased responsibilities required to transition fundmanagement in-house," said Cameron Field, Managing Director,Asia-Pacific, Charles River. Field adds, "Charles River supportsTelstra Super's new business initiatives by automating workflows,streamlining investment business processes and enabling it to takeadvantage of enhanced capabilities." About Telstra Super Telstra Super is Australia's largest corporate super fund withmore than 100,000 members and over $11 billion of funds undermanagement. Membership is open to current Telstra Group employees(including Foxtel, Sensis and Reach), former employees and familyof members. Telstra Super provides a range of superannuation services and iscommitted to providing competitive and cost-effectivesuperannuation services to members. Telstra Super Pty Ltd was established in June 1990, as a subsidiaryof Telstra Corporation Limited. Members of Telstra Super haveaccess to financial planning advice through the wholly ownedsubsidiary, Telstra Super Financial Planning Pty Ltd. Telstra Super was named Super Fund of the Year 2012 by independentratings agency Rainmaker in their annual Selecting Super awards. About Charles River Charles River Development provides fully managed solutionsincluding software, hosting and data services to automate front-and middle-office investment operations for buy-side firms. SaaSsolutions and on-premises software support portfolio management,compliance and risk monitoring, order and execution management,access to global liquidity and post-trade processing. The companyhas more than 330 clients in over 40 countries in the institutionalasset and fund management, alternative, wealth management,insurance, banking, pension and custody markets. Add to Digg Bookmark with del.icio.us Add to Newsvine MEDIA CONTACT: Lisa O'Reilly Charles River Development +61 3 8628 0125 Copyright @ Marketwire. I am an expert from roll-formingmachinery.com, while we provides the quality product, such as Roll Forming Machinery Manufacturer , Welding Manipulator Manufacturer, Roll Forming Machinery,and more.
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