Charles River Partnership Enhances Order System

August 4, 2003 (PLANSPONSOR.com) - A Burlington, Massachusetts software provider and investment consulting firm is partnering with Lava Trading to incorporate Lava's direct access trading capabilities into the Charles River Investment Management System (CRIMS)

The Charles River system is a portfolio management, order management and compliance system for investment managers, according to a Charles River news release. Lava Trading is a software developer of financial technology for large securities trading floors.

Charles River clients will now have a seamless¬†solution, with access to Lava’s technology, including the Lava Trading Floor and Lava ColorBook directly from the CRIMS. They will receive full depth of book, intelligent order routing and direct connectivity to all major pools of liquidity, including Nasdaq, Listed exchanges, ECNs and ATSs. In addition, the interface supports a variety of workflows by providing traders with the flexibility to initiate an order from either system’s blotter.

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