Charles River® and Octaura Launch Two-Way Interface for Simplified Syndicated Loan Trading
Octaura offers an electronic syndicated loan trading solution that delivers trading protocols, real-time data and analytics on a single platform. Charles River’s Investment Management Solution provides a technology platform to help automate and simplify the investment process across asset classes, from portfolio management and risk analytics through trading and post-trade settlement, with integrated compliance and managed data throughout.
Through the two-way interface with Octaura, Charles River clients can submit orders from within Charles River IMS to the Octaura system and receive real-time updates via the Charles River FIX Network. This streamlined process is designed to eliminate cumbersome workflows and supports efficacious order placement and management.
“We are excited to leverage this enhanced interface between Charles River and Octaura in our trading process,” said
“We are thrilled to collaborate with Charles River to deliver an effective trading experience that promotes faster execution and reduces end-to-end workflow complexity,” said Brian Bejile, Chief Executive Officer, Octaura. “We created Octaura to improve efficiency, liquidity and transparency by modernizing the way syndicated loans are traded. This integration with Charles River helps to deliver on that objective.”
“Electronic trading has never been more integral for asset managers operating in the syndicated loans space,” said
About Octaura
Octaura is a leading provider of electronic trading, data, and analytics solutions for syndicated loans. Founded as an independent company in 2022, Octaura represents a significant milestone in the advancement of trade modernization for these markets through common operational criteria, automation across pre- and post-trade life cycles, improved ease in transactions and advanced data and analytics. To learn more, visit www.octaura.com.
About
Investment and wealth managers, asset owners and insurers in over 30 countries rely on Charles River IMS to manage USD
*Statistics as of Q1 2024. Assets are inclusive of clients using the platform for purposes of secondary compliance
About State Street Corporation
* Assets under management as of
6679275.1.1.GBL
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