Krung Thai Asset Management (Krung Thai AM) has selected the Charles River Investment Management Solution (Charles River IMS) for automated portfolio management, trading and compliance monitoring.

In addition, Krung Thai AM will also implement Charles River’s integrated Data Management Service and FIX Network.

Charles River said that its solution will allow Krung Thai AM to simplify and streamline investment management processes as well as significantly increase productivity throughout the organization.

Krung Thai AM CEO Chavinda Hanratanakool said: "We followed an intensive selection process, and Charles River provides a single investment management solution that can support our expansion into new, more diversified investment strategies and asset classes.

"With Charles River managing our system day-to-day, we can focus on our core business, reduce the time and cost of upgrades, and ensure that our Portfolio Managers, Traders and Compliance team have easy access to the latest capabilities."