NAB selects Charles River compliance solution for asset servicing clients
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NAB selects Charles River compliance solution for asset servicing clients 11 November 2020Australia Reporter: Maddie Saghir
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The National Australia Bank (NAB) Asset Servicing has selected the Charles River Investment Management Solution (Charles River IMS) to provide clients with advanced compliance monitoring, oversight and reporting.
Charles River IMS will enable the asset servicing team to help institutional clients monitor investment mandates and better meet regulatory requirements.
The solution also provides greater transparency to support comprehensive compliance reporting and analysis for clients.
John Comito, executive of asset servicing at NAB, said: “Accelerating digital innovation for the benefit of clients is core to NAB’s strategy. We are delighted to collaborate with Charles River to provide simpler and faster data insights straight to our clients.”
Cameron Field, managing director, Asia Pacific, added: “Charles River continues to make significant investments in our front and middle office technology and our SaaS delivery model, giving clients faster access to the latest innovations and capabilities.”
Field concluded: “The Asia Pacific region is a critical hub in global SaaS support, with the client engagement team that services NAB based in Melbourne. Our strong local presence is a key factor in helping us support our clients’ operating models and organisational resiliency.”
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