The project is part of KD Funds’ initiative to automate the firm’s equity, fixed income and foreign exchange investment operations.
KD Funds in Slovenia now has automated portfolio management, order management and real-time compliance monitoring on a single, consolidated platform.
Charles River IMS eliminates KD Funds’ reliance on spreadsheets. Users can now monitor actual positions and view all holdings and order-level information in a single workspace, according to Charles River.
The project also allowed KD Funds to replace its in-house confirmation order book with a fully-automated and complete audit trail. Users can monitor compliance in real-time throughout the trade lifecycle, including pre-trade, for any asset class or currency.
In the next phase, KD Funds will leverage Charles River IMS to manage equity options in the portfolios.
The firm also plans to implement the broker-neutral Charles River Network for fully-integrated global electronic trading via FIX (Financial Information eXchange).
