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CGI HotScan360 vs. Charles River IMS

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    Overview
    ProductRatingMost Used ByProduct SummaryStarting Price

    CGI HotScan360

    Score9 out of 10
    N/ACGI offers HotScan360, a fraud detection and financial risk management application for financial institutions, with included reporting and analytics.N/A

    Charles River IMS

    Score9 out of 10
    N/AThe Charles River Investment Management Solution (Charles River IMS) automates front and middle office processes for buy-side firms. The solution helps enable accurate and timely investment decision support for institutional and wealth managers, alternative investment firms, insurers and asset owners. Charles River IMS helps clients streamline operations, reduce risk, and improve reliability.N/A
    Pricing
    CGI HotScan360Charles River IMS
    Editions & Modules
    No answers on this topic
    No answers on this topic
    Offerings
    Pricing Offerings
    CGI HotScan360Charles River IMS
    Free Trial
    NoNo
    Free/Freemium Version
    NoNo
    Premium Consulting/Integration Services
    NoNo
    Entry-level Setup FeeNo setup feeNo setup fee
    Additional Details——
    More Pricing Information
    User Ratings
    CGI HotScan360Charles River IMS
    Likelihood to Recommend
    9.0
    (2 ratings)
    10.0
    (1 ratings)
    Usability
    10.0
    (1 ratings)
    -
    (0 ratings)
    Online Training
    10.0
    (1 ratings)
    -
    (0 ratings)
    User Testimonials
    CGI HotScan360Charles River IMS
    Likelihood to Recommend
    CGI
    When an organization has millions of payments, HotScan360 enables to [identification] of fraud payments among them enabling a secure business platform for financials.
    Incentivized
    Read full review
    State Street
    If your are large asset management company focused mostly on interest rate products and you are large institutional trader your way is the use of Charles River Portfolio Management & Risk Analytics account which is most reputable custodian institution which offers superior tool for bonds trading - Charles River IMS. Charles River Portfolio Management & Risk Analytics is focused on large bond traders, so is not offered for small hedge funds. It is not appropriate if you are small account holder and focused more on stock market offerings, margin trading and less focused on custodian reputation. There is no separate risk module for trading group risk management.
    Incentivized
    Read full review
    Pros
    CGI
    • Fraud detection technology, fraud detection innovation, fraud detection training
    • Secure payments
    • Real time software who is looking for risk in every transaction
    • Everything (all the services are in only one place)
    • Cost savings
    • Having all the requirement i.e. documents, ready, available and secure
    Incentivized
    Read full review
    State Street
    • Focused on bonds
    • Risk approache based on counterparties risk measurement
    • Buid in scenario strategies and testing
    • CDS are available for trading (exlusive offering)
    • Portfolio construction
    • Yield analytics
    • Exotics: SWAPs, SWAPtions
    • Sophisticated options analytics
    • Currency forwards (exclusive offering)
    Incentivized
    Read full review
    Cons
    CGI
    • Could be price effective
    • Can be multilingual
    • Can improve support experience
    Incentivized
    Read full review
    State Street
    • Equities - microstructure to consider detection of iceberg orders
    • Build in algos for large trades execution
    • Corporate or Banking level platform - not focused on mid sized business
    • SAP connectivity
    • Only Charles River Portfolio Management & Risk Analytics accounts
    • No trading group accounts capabilities
    • Needs arbitrage trading algo: spread, statistical, merger for stocks
    Incentivized
    Read full review
    Usability
    CGI
    It is very intuitive, easy to use, easy to navigate, and easy to teach to anyone! The pathways are very clear and they were designed [in] a very clear way! The security methods I have used in the past are not so innovative and very "manual", [with] nothing to do with CGI HotScan360.
    Incentivized
    Read full review
    State Street
    No answers on this topic
    Online Training
    CGI
    I have been trained during the pandemic in very specific thing and CGI HotScan360 is one of the bets platfomrs that trained me in a very professinal way
    Incentivized
    Read full review
    State Street
    No answers on this topic
    Alternatives Considered
    CGI
    It's easy to set up and easy to use. Requires minimal training for the staff.
    Incentivized
    Read full review
    State Street
    Charles River Portfolio Management & Risk Analytics is a state of the art company which owns state of the art products Charles River Portfolio Management & Risk Analytics. If you are considering long term value, capital preservation strategy and pension funds management that is the right choice if holdien one account versus several to get systematic diversification. You can run even department of banks treasury with use of Charles River Portfolio Management & Risk Analytics. So good but focused on large investors needs and diversification focus.
    Incentivized
    Read full review
    Return on Investment
    CGI
    • Secure payments
    • Real time analytics
    • Easy to use
    Incentivized
    Read full review
    State Street
    • Neutral. We are in system migration process.
    • We expect to get our P&L less volatile (+/- 5%). More international bonds in a mix
    • Top custodian is our first priority
    Incentivized
    Read full review
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