Launched in collaboration with 360 Treasury Systems (360T), the new FX trading services is now in beta and scheduled for general availability in Version 9.2.

The technology upgrade will enable the users to receive real-time quotes and execute trades from Charles River IMS directly to more than 100 FX dealers and regional banks connected to 360T’s liquidity centre.

Charles River global managing director Tom Driscoll said that deployment of new electronic quote and trading workflows for FX decreases the number of execution tools to ensure precision for audit and compliance purposes, and meet regulatory transparency demands.

"We will continue to offer clients additional trading solutions from FX providers, like 360T, that enhance liquidity, increase speed, and improve efficiency," Driscoll added.

Serving over 350 investment firms in 43 countries, Charles River offers services to automate front- and middle-office investment management functions to institutional asset and fund management, private wealth, alternative investments, insurance, banking, pension and custody markets.