T. Rowe Price Migrates to Charles River Multi-Asset Platform ​

Charles River Development, a State Street Company, announced the expansion of its relationship with T. Rowe Price through the migration to the SaaS-deployed Charles River Investment Management Solution (Charles River IMS).

A Charles River client since 2002, T Rowe Price continues to deepen its engagement with Charles River Development to modernize front-office operations and streamline management of global equity, fixed income, and multi-asset portfolios. This latest milestone marks the transition from proprietary infrastructure to Charles River’s cloud-based platform, delivering enhanced efficiency and scalability.

“The collaboration, constant communication, and enhanced transparency between Charles River and T. Rowe Price made this significant project highly manageable,” said Glen Eads, Charles River product owner at T. Rowe Price. “It was a huge initiative that involved deep work on both sides, and in the end, it was a big success.”

“We are thrilled to expand our long running strategic partnership with T. Rowe Price to support their growth and innovation strategy,” said Dean Landis, Head of the Americas at Charles River. “Our platform affords T. Rowe Price the flexibility to modernize their operating model while keeping pace with rapidly changing investor preferences and emerging regulatory frameworks.

Source: T. Rowe Price