FEDERATED HERMES, INC.

Federated Hermes’ Equity Strategies Now Live on Charles River® Investment Management Solution on Microsoft® Azure

Retrieved on: 
Tuesday, November 30, 2021

Charles River Development, a State Street Company, today announced Federated Hermes, Inc., a global leader in active responsible investing, is now live with more than $97 billion in equity strategies on Charles Rivers strategic cloud solution.

Key Points: 
  • Charles River Development, a State Street Company, today announced Federated Hermes, Inc., a global leader in active responsible investing, is now live with more than $97 billion in equity strategies on Charles Rivers strategic cloud solution.
  • Federated Hermes adopted the Charles River Investment Management Solution (IMS) on Microsoft Azure to modernize their operating model and support growth, utilizing the solution for portfolio management, trading, and compliance.
  • The ground-to-cloud migration is a trend we are seeing with leading global investment firms such as Federated Hermes, said Ruby Chiu, Head of Client Management, Americas, Charles River.
  • The Charles River Investment Management Solution (Charles River IMS) is designed to automate and simplify the institutional investment process across asset classes, from portfolio management and risk analytics through trading and post-trade settlement, with integrated compliance and managed data throughout.