State Street Charles River Development
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Company Overview
The Charles River Development (CRD) offers an Investment Management Solution a ‘Software as a Service’ based on one single multi-asset class platform that automates front and middle office processes 2018 State Street purchased privately held CRD for US$2.6 Billion in cash to provide synergies with State Street’s existing middle and back office services 2020 CRD’s cloud-based solution went live on Microsoft’s Azure Key Statistics: •Platform manages US$29 Trillion in assets •Buy Side Clients in 30 Countries/Territories •Includes 50 of top 100 investment managers •25,000 Professional users
Facilitator
North America
Front to Middle Office Solutions
Corporate Details
| Date of Update | Unknown |
| Headquarters | Burlington, Massachusetts, United States |
| Established | 1984 |
| Market Cap US$ | N/A |
| Revenue US$ | 300+ Million |
| Employees | 1,000+ |
| Ownership | Subsidiary: State Street |
| Management | President: Spiros Giannaros Director Global Sales: Andrea Jelley Director Strategic Accounts: Jason Pietrafitta |
Website Analysis
| URL | https://https://www.crd.com |
| Alexa Rank | 966,528 |
| Type | Facilitator |
| Client Case | Front to Middle Office Solutions |
| Coverage | United States, Australia, Canada, China, Hong Kong, Ireland, Japan, Singapore, United Kingdom |
| Asset Classes | Unknown |
| Trading | Unknown |
| Terminals | Unknown |
| Feeds | Unknown |
| Analytics | Unknown |
| Compliance & Risk | Unknown |
| Indices & Benchmarks | Unknown |
| Reference Data | Unknown |
| Economic Data | Unknown |
Key Products & Services
Trading OEMS: Multi-asset class app for trade execution strategies. Global access to 150+ liquidity platforms, 540+ brokers with 600 global and regional algorithms and integrated Transaction Cost Analysis providers. Connectivity to 12 data providers Portfolio Management & Analytics: Solution provides 1. Multi-asset class portfolio construction & analysis, 2. Ex-ante risk modelling and ex-post risk measurement, 3. Scenario & trend analysis, 4. Performance measurement & attribution Middle Office: Integrated system with 1. Position & cash management via the Investment Book of Record 2. Collateral Management 3. Performance Measurement & Attribution and GIPS composite management 4. Post trade processing & settlements 5. SWIFT connectivity
Business Potential
| Presence | United States, Australia, Canada, China, Hong Kong, Ireland, Japan, Singapore, United Kingdom |
| Market | Investment Banks, Asset Managers, Wealth Managers, Insurers, Pension Funds, Alternative Managers |
| Competition | Blackrock/Aladdin, Calypso, EZE Software, Finastra, SimCorp, SS&C Advent |
| Availability | Direct from Charles River |
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