The Charles River Network will provide Montanaro users automated portfolio management, trading and order management, and compliance and integrated electronic trading through Financial Information eXchange (FIX).

The Charles River IMS has been designed to reduce costs and increase return on investment (ROI) by supplying system expertise and hosted infrastructure and uses application management and hosting of Charles River’s Managed Services.

Charles River’s managed services provide off-hour support, management of application integration, disaster recovery planning and system expertise for the clients to reduce operational risk.

Charles River Development Global managing director Tom Driscoll said that the Charles River’s Managed Services provides a level of efficiency often associated with much larger companies, allowing to focus internal resources on key business activities for Montanaro.