Charles River Development launches Tailored Portfolio Solutions
16 March 2022 US
Image: Siarhei
State Street Company Charles River Development has launched Tailored Portfolio Solutions (TPS), an offering that enables both wealth managers and asset managers to provide customised portfolios at scale.
TPS addresses the growing industry demand for personalised portfolios, embedding optimisation technology in an end-to-end customisation process.
TPS integrates the Axioma Portfolio OptimizerTM from index and analytics provider Qontigo.
As a fully integrated solution TPS provides managers with the technology capabilities to tailor portfolios that consider each individual investor’s unique tax circumstance, risk appetite, and personal ESG values across asset classes and investment styles.
This enables wealth managers and asset managers to meet investor expectations, improve client outcomes, increase operational efficiency, and manage costs, says Charles River.
Randy Bullard, global head of wealth at Charles River Development, comments: “Tailored Portfolio Solutions allows wealth and asset management firms to provide a differentiated and sought-after product to their customers. For retail investors, Tailored Portfolio Solutions democratises access to customised portfolios that reflect their personal convictions, tax circumstances, and risk tolerance.”
Chris Canova, global head of customer experience at Qontigo, says: “We are delighted to expand our partnership with Charles River by integrating our industry-leading optimiser into Tailored Portfolio Solutions, in line with the goals of Charles River's offering of delivering customisation and personalisation — all at scale.”
TPS addresses the growing industry demand for personalised portfolios, embedding optimisation technology in an end-to-end customisation process.
TPS integrates the Axioma Portfolio OptimizerTM from index and analytics provider Qontigo.
As a fully integrated solution TPS provides managers with the technology capabilities to tailor portfolios that consider each individual investor’s unique tax circumstance, risk appetite, and personal ESG values across asset classes and investment styles.
This enables wealth managers and asset managers to meet investor expectations, improve client outcomes, increase operational efficiency, and manage costs, says Charles River.
Randy Bullard, global head of wealth at Charles River Development, comments: “Tailored Portfolio Solutions allows wealth and asset management firms to provide a differentiated and sought-after product to their customers. For retail investors, Tailored Portfolio Solutions democratises access to customised portfolios that reflect their personal convictions, tax circumstances, and risk tolerance.”
Chris Canova, global head of customer experience at Qontigo, says: “We are delighted to expand our partnership with Charles River by integrating our industry-leading optimiser into Tailored Portfolio Solutions, in line with the goals of Charles River's offering of delivering customisation and personalisation — all at scale.”
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