Charles River Development | Company Profile - Revenue, Headcount, Tech Stack, Contacts
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Overview
Charles River Development (CRD) is a financial services technology company based in Burlington, Massachusetts. Founded in 1984 and a subsidiary of State Street Corporation since 2018, CRD specializes in cloud-based investment management software. Their solutions automate and simplify the investment lifecycle across various asset classes, including portfolio management, risk analytics, trading, and compliance.
The flagship product, Charles River Investment Management Solution (IMS), serves investment and wealth managers globally, managing approximately $59 trillion in assets. Another key offering is the Charles River Wealth Solution (WS), which automates investment management for wealth management firms, supporting over 300 firms managing more than $29 trillion in assets. CRD also addresses data challenges in private markets with tailored solutions. With a strong focus on security and global support, CRD serves many top firms in institutional asset management and has shown significant growth in both headcount and revenue.
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