CalPERS outsources investment management system

CalPERS outsources investment management system

The California Public Employees Retirement System (CalPERS), the largest public pension fund in the US, is outsourcing elements of its investment management system across equities and foreign exchange.

In order to streamline its operations, it has migrated to Charles River’s Investment Management Solution Version 9 for equities and foreign exchange.

It is also migrating to a managed service for hosting, application management, FIX connectivity and real-time integrated data.

The move is part of a wider initiative to update CalPERS technology in order to reduce costs.

Janine Guillot, chief operating investment officer at CalPERS, said: “”Adding these services from Charles River is part of our work to update investment technology infrastructure across the organisation and will help us increase the efficiency of our operations and processes. This saves us time and money, which allows us to more effectively work to achieve the outcomes that our members depend on.”

In a statement, Charles River said investment technology increasingly required specialised skills that most buy-side first find difficult to recruit and retain, which was driving many to seek outsourced solutions.

CalPERS has US$241 billion in assets under management and represents 1.6 million active and retired members.

Perseus Brazil Debuts Market-To-Market Liquidity Platform LiquidPath®

Perseus Brazil Debuts Market-To-Market Liquidity Platform LiquidPath®

LiquidPath® combines the Perseus award winning connectivity solutions with the Perseus global market-to-market ultra low-latency network. LiquidPath is a fast and cost effective solution for the deployment of the necessary equipment needed to be staged in foreign markets so that customers do not have to manage the complexities of having “feet on the street” in new emerging markets.

Perseus Telecom customers see a variety of advantages when choosing LiquidPath:

Through efficient and high-performance trading infrastructure ideal for staging Market Data, Order Management (OMS) as well as Algorithmic and High-Frequency-Trading equipment, customers can benefit from state 0f the art equipment ready to be turned on as a service.

Due to complex and static environments Perseus can offer proximity services for Direct Market Access (DMA) platforms, helping customers getting trading with exchanges or counter parties fast, saving time and money.

Customers can enjoy having balanced IT investments with LiquidPath® making it easier to plan and allocate IT expenditures for trading emerging or foreign markets.

“Liquidity Infrastructure” for local and global buy-side, sell-side and service vendors looking to access the Brazilian Securities marketplace.

LiquidPath combines the Perseus award winning fastest connectivity solution with the Perseus Global Market-to-Market ultra low-latency network . LiquidPath is a fast and cost effective solution for the deployment of trading infrastructure into foreign markets so that your firm does not have to manage the complexities of local “feet on the street” in new markets you may want to trade.

Perseus Telecom customers see a variety of advantages when choosing LiquidPath:

Efficient and high-performance trading infrastructure ideal for staging Market Data, Order Management (OMS) as well as Algorithmic and High-Frequency-Trading equipment.

Complex and static environment optimal in colocation and proximity services for Direct Market Access (DMA) platforms. Well balanced IT investments – support for planning of IT expenditures.

LiquidPath Brazil

Perseus Telecom Brazil helps customers meet their requirements for low-latency market access and cost efficient IT products and services saving both time and money.


  • Exchange proximity colocation
  • Hardware as a service
  • Ultra-low latency connectivity
  • Elasticity (up and downsizing)
  • Managed and Professional Services


  • CT1 – 1st BVMF DC (30µs)
  • CT2 – 2nd BVMF DC (5ms)
  • SP2 / RJ1
  • Internet / Last Mile
  • Global Liquidity Centers Access




Perseus Telecom is an award winning global provider of connectivity and services. We work with best of breed fiber assets globally. Perseus provides customers with the right

network solution at the right price. Whether connecting trading desks to exchanges, establishing global wide area networks, or connecting from Europe and North America to emerging markets in Latin America, Asia and Africa; our customers have the competitive advantage that comes with innovation and experience in finance, banking, technology, law, e-commerce, multi-site enterprise, pharmaceutical, media and telecom sectors.

Edinburgh-based Kiltearn Partners has gone live with INDATA’s iPM – Intelligent Portfolio Management platform.

Edinburgh-based Kiltearn Partners has gone live with INDATA’s iPM – Intelligent Portfolio Management platform.

Greenwich, CT – INDATA, the provider of software and services for buy-side firms, has announced that Kiltearn Partners, based in Edinburgh, Scotland is live with INDATA’s iPM – Intelligent Portfolio Management platform.

Based on significant growth in assets under management, Kiltearn Partners LLP required better systems to facilitate greater operational efficiency and compliance capabilities. Kiltearn chose to implement iPM based on the system’s strong portfolio modeling, compliance and dealing (OMS) capabilities, as well as the fact that iPM can also provide a fully integrated back office accounting package via a single database architecture.

“The review and replacement of our back office system came about as a result of a full scale review of platforms within the current marketplace that offered us the functionality of a full front to back solution with more sophisticated compliance capabilities,” commented Stuart Gunderson, Chief Operating Officer. “Now that iPM is in place, we have a fully integrated software application that is designed to efficiently handle our investment management process,” he added.

“We are very pleased to welcome Kiltearn Partners LLP to our client community and look forward to serving their current and future needs,” commented David J. Csiki, Managing Director, INDATA. “Having made our iPM products and services available outside the US only last year, we have had excellent uptake by clients, especially in the UK, with a number of firms in our active implementation queue. We are excited by the depth of experience our new international clients bring to the iPM user group at large,” he added.

Jensen Investment Management Implements INDATA iPM Cloud

Firm Integrates Portfolio Accounting, Trade Order Management, Compliance, Performance Analytics and Reporting across the Firm INDATA, a leading industry provider of software and services for buy-side firms, including trade order management (OMS), compliance, portfolio accounting and front-to-back o

via Pocket May 16, 2013 at 07:42PM

Forbes Covers TradingScreen’s Cloud-Based Order Management, Risk & Compliance

Forbes Covers TradingScreen’s Cloud-Based Order Management, Risk & Compliance

Adding to the recent great coverage which ran last week, TradingScreen CEO Philippe Buhannic was profiled in Forbes by contributor Tom Groenfeldt, discussing how it provides its comprehensive front-office to Linear Investments, covering order management, execution management, risk, and compliance.

“TradingScreen CEO Philippe Buhannic, said the cloud system can be operational in a day, compared to six to 18 months for similar functionality installed at a client site. TradingScreen has built EMS, OMS and portfolio management  along with compliance and risk management, all in a single system, all developed in-house, he added.

“‘The other offerings are built through acquisitions which have a different code base; it is fairly innovative for us to build all this into one single system.’

“‘Persuading buy-side firms that a cloud-based front office system is the best way to go has been difficult at times,’ he added.

“’What helped is we have been doing this for a long time, 14 years, and before that at Credit Suisse,’ he explained. The company operates data centers around the world so it can meet the demanding requirements for pre-trade compliance, he added. It has four data centers in North American, three in London and one each in Sao Paolo, Singapore, Hong Kong and Tokyo.”

Click on the link to read the article in its entirety: TradingScreen Runs Order Management, Risk And Compliance In The Cloud.


Janney Capital Management Upgrades to INDATA iPM Cloud

Firm Enhances Data Management, Compliance, Disaster Recovery and Remote Access Capabilities via iPM Cloud INDATA, a leading industry provider of software and services for buy-side firms including trade order management (OMS), compliance, portfolio accounting and front-to-back office today announced

via Pocket March 20, 2013 at 09:38PM

Apex Launches Order and Portfolio Management Systems

Apex Fund Services (“Apex”), one of the world’s largest independent fund administration companies, confirms its intention to offer the most extensive range of fund services to asset managers globally.

via Pocket February 17, 2013 at 12:40PM

Thomson Reuters Launches Datascope Workflow License for Order Management Systems

Combines technical indicators, pricing and reference data to seamlessly streamline workflow processes. Thomson Reuters, the world’s leading source of intelligent information for businesses and professionals, today announced the launch of the DataScope Workflow License (DWL).

via Pocket February 11, 2013 at 04:38PM

ConvergEx to sell Eze Castle Software and RealTick to TPG

Eze Castle Software, which provides global order management and related investment technologies, and RealTick, a multi-broker, cross-asset electronic execution platform, will operate under the name Eze Software Group.

via Pocket January 23, 2013 at 07:09PM

Futures Algorithms Directory Add Your Company – Download Directory

via Pocket December 31, 2012 at 02:59PM

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