Best of the Best 2023

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TECHNOLOGY PROVIDERS Model Marketplaces

CHARLES RIVER DEVELOPMENT

Wealth Hub

The Charles River Wealth Hub is the industry’s first API-driven open network solution, automating and streamlining connectivity between separate account asset managers and wealth management sponsors. The Wealth Hub promotes operational resilience by providing a highly performant and scalable platform, supporting high volume communications, especially critical during bouts of market volatility and end-of-quarter account rebalancing. Wealth Hub supports multiple facets of communication, including model management, instruction handling, order and allocation transmission, beginning of day positions, tax lots and investable cash.

Investment, wealth and alternative managers, asset owners and insurers in over 30 countries rely on Charles River IMS to manage USD ~$48 Trillion in assets. Together with State Street’s middle and back office services, Charles River’s cloud-deployed front office technology forms the foundation of State Street Alpha SM . Charles River offers wealth managers, private banks, third party separate account managers, and financial advisors a complete technology solution with institutional-class capabilities that supports all asset classes, currencies, and wealth programs and structures. Designed to support scalability and efficient operations across the enterprise, the solution offers industry-leading enterprise SMA/UMA, tax optimization, direct index program management, managed account services, a manager-sponsor communication hub, and mobile access. The solution is complemented by centralized data management and services, FIX connectivity, and compliance expertise to help clients maximize value, reduce operational complexity, and manage costs.

225 WealthManagement.com

*NOTE: Company descriptions are effective as of the date of nomination submission (February – May 2023). For updated facts and figures since that timeframe, please contact the nominated company.

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