TECHNOLOGY: Charles River’s Data Management Service Adds EAM Investors

Charles River, a front- and middle-office investment management solution provider, announced that EAM Investors, is now on the Charles River Data Service.

Charles River Data Service provides batch reference and issuer data, real-time pricing, new security setup, and the recently-offered constituent-level benchmark data. EAM has implemented the private cloud-based Charles River Investment Management Solution and is also using the Charles River FIX network for electronic trading.

“Charles River has improved our execution capabilities and investment guidelines monitoring by delivering accurate data to our portfolio managers and traders,” said Derek Gaertner, director and chief operating officer, EAM Investors. “With Charles River hosting the system and managing the data, we have lower technology costs and can focus our time on our core competencies.”

Front-office systems are some of the biggest consumers of data, and as the volume and number of feeds increase, so do data costs and complexity. the Data Service is targeted at lowering these costs incurred throughout the trade life cycle.

The Charles River Data Service is an integral part of Charles River’s Software as a Service (SaaS) solution and is also available to legacy client-hosted environments.

EAM Investors is a majority-employee-owned, institutionally-focused investment boutique, located in Cardiff-by-the-Sea, California. EAM manages equity portfolios in the U.S. and international small cap and microcap markets.