State Street Corporation’s Charles River Development business has made its Enterprise Performance solution, powered by Opturo®, live for clients utilizing the Charles River Investment Management Solution (IMS) and State Street Alpha®.
The fully integrated solution provides a single performance calculation engine designed to enhance efficiency in performance operations. By embedding Opturo’s capabilities into their end-to-end platform, Charles River aims to assist managers in navigating the complexities of enterprise performance and analysis across the front, middle, and back office, thereby optimizing performance processes and reporting.
This cloud-based solution addresses data exchange challenges common in other performance measurement offerings. It provides clients with robust and scalable data distribution through a tightly integrated data platform and enterprise data management capabilities. Users can access multi-dimensional reporting, automated workflows for standard and correction processing, and meaningful performance, ex-post, and attribution-related analytics, supported by expanded calculation scalability.
Matt Daly, President of Charles River Development, emphasized the importance of the new offering. “Accurate performance and reporting capabilities help provide important investment insights and simplify operations for our clients,” Daly stated. He reiterated that “Embedding Opturo’s capabilities within our end-to-end platform helps managers handle the complexities in enterprise performance and analysis across the front, middle, and back office while enabling them to optimize performance processes and reporting.”
Kenneth D’Silva, President of Opturo, highlighted the flexibility required for modern investment products. “Complex investment products require a performance solution with the flexibility to adapt to asset managers’ needs,” D’Silva commented. He added, “We are delighted that our collaboration with State Street offers streamlined workflows to ingest, manage, and analyze data at scale, with a rapid application and report builder that helps clients save time and further simplify performance operations.”
Opturo is a technology company focused on delivering reliable, innovative, practical, and cost-effective solutions to optimize operational services for the financial industry. Its offerings include ex-post Performance and Attribution, GIPS Composite Management, and Custom Investment Reporting, backed by extensive financial industry experience and technology.
Charles River Development, a State Street Company, serves investment and wealth managers, asset owners, and insurers in 30 countries, managing USD $59 trillion in assets as of Q2 2025. Its cloud-based front office technology, combined with State Street’s middle and back-office services, forms the foundation of State Street Alpha®. Charles River IMS automates and simplifies the investment process across various asset classes, from portfolio management and risk analytics to trading and post-trade settlement, with integrated compliance and managed data. The company also offers solutions for private markets, addressing complex data challenges for investors in private credit, real estate, private equity, and infrastructure, and provides 24/7 global support.
State Street Corporation (NYSE: STT) is a global provider of financial services to institutional investors, offering investment servicing, investment management, and investment research and trading. As of June 30, 2025, State Street reported $49.0 trillion in assets under custody and/or administration and $5.1 trillion in assets under management. The corporation operates in over 100 geographic markets worldwide and employs approximately 52,000 individuals.
