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    Overview
    ProductRatingMost Used ByProduct SummaryStarting Price

    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

    Oracle Database

    Score8.2 out of 10
    N/AOracle Database, currently in edition 23ai, is a converged, multimodel database management system. It is designed to simplify development for AI, microservices, graph, document, spatial, and relational applications.

    $0.05

    per hour

    Pricing
    Charles River IMSOracle Database
    Editions & Modules
    No answers on this topic
    Oracle Base Database Service - Standard
    $0.0538
    per hour
    Oracle Base Database Service - Enterprise
    $0.1075
    per hour
    Oracle Base Database Service - High Performance
    $0.2218
    per hour
    Standard Edition
    Contact Sales
    Enterprise Edition
    Contact Sales
    Personal Edition
    Contact Sales
    Offerings
    Pricing Offerings
    Charles River IMSOracle Database
    Free Trial
    NoYes
    Free/Freemium Version
    NoYes
    Premium Consulting/Integration Services
    NoNo
    Entry-level Setup FeeNo setup feeNo setup fee
    Additional Details——
    More Pricing Information
    Community Pulse
    Charles River IMSOracle Database
    Considered Both Products
    State Street
    No answer on this topic
    Oracle
    No answer on this topic
    Key User Insights
    Would buy again
    No answers on this topic
    86%
    Would buy again
    24 Answers
    Delivers good value for the price
    No answers on this topic
    83%
    Delivers good value for the price
    19 Answers
    Happy with the feature set
    No answers on this topic
    89%
    Happy with the feature set
    25 Answers
    Lived up to sales and marketing promises
    No answers on this topic
    88%
    Lived up to sales and marketing promises
    14 Answers
    Implementation went as expected
    No answers on this topic
    91%
    Implementation went as expected
    21 Answers
    Features
    Charles River IMSOracle Database
    Relational Databases
    Comparison of Relational Databases features of Charles River IMS and Oracle Database
    Feature
    Charles River IMS
    -
    Ratings
    Oracle Database
    8.3
    7 Ratings
    2% above category average
    ACID compliance00 Ratings8.47 Ratings
    Database monitoring00 Ratings8.77 Ratings
    Database locking00 Ratings8.77 Ratings
    Encryption00 Ratings9.06 Ratings
    Disaster recovery00 Ratings8.86 Ratings
    Flexible deployment00 Ratings6.47 Ratings
    Multiple datatypes00 Ratings8.17 Ratings
    Best Alternatives
    Charles River IMSOracle Database
    Small Businesses
    No answers on this topic
    Amazon RDS
    Score8.1 out of 10
    Medium-sized Companies
    No answers on this topic
    SingleStore
    Score8.2 out of 10
    Enterprises
    No answers on this topic
    SAP IQ
    Score5.4 out of 10
    All AlternativesView all alternativesView all alternatives
    User Ratings
    Charles River IMSOracle Database
    Likelihood to Recommend
    10.0
    (1 ratings)
    8.2
    (199 ratings)
    Likelihood to Renew
    -
    (0 ratings)
    9.0
    (6 ratings)
    Usability
    -
    (0 ratings)
    7.6
    (13 ratings)
    Support Rating
    -
    (0 ratings)
    7.0
    (5 ratings)
    Implementation Rating
    -
    (0 ratings)
    9.6
    (3 ratings)
    User Testimonials
    Charles River IMSOracle Database
    Likelihood to Recommend
    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
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    Oracle
    We migrated from NoSQL to an Oracle database. One of the reasons was robust backup and recovery options available in the Oracle database, which provide zero data loss. A transactional database like Oracle is a better fit for our use case than NoSQL. On a large scale, deployment was evaluated as a cheaper option than the NoSQL engine. This conclusion came even after considering Oracle license is expensive.
    Incentivized
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    Pros
    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
    Oracle
    • Supports most of the Operating Systems like Unix, Linux and Windows Server.
    • It works well in high load environment under intense parallel transactions setup.
    • Highly reliable DBMS, especially RAC is very much reliable.
    • Well managed and predictable release of security patches.
    • We have highly scaled it from on-prem to a cloud cluster environment for our product.
    • One of the best-performing DBMSs on Linux machines under test delivers high throughput (QPS).
    Incentivized
    Read full review
    Cons
    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
    Oracle
    • The memory demand and management makes it impossible to run it in a container.
    • It is hard to perform local unit testing with Oracle even using the personal edition (aggressive all the available memory grab for itself).
    • Lack of built in database migrations (e.g. as Flyway).
    • The need to install the Oracle client in addition to its drivers.
    • The cost of running it, especially in the Cloud.
    • Comes with very spartan community grade client/management tools whereas the commercial offerings tend to demand a premium price.
    Incentivized
    Read full review
    Likelihood to Renew
    State Street
    No answers on this topic
    Oracle
    There is a lot of sunk cost in a product like Oracle 12c. It is doing a great job, it would not provide us much benefit to switch to another product even if it did the same thing due to the work involved in making such a switch. It would not be cost effective.
    Incentivized
    Read full review
    Usability
    State Street
    No answers on this topic
    Oracle
    Many of the powerful options can be auto-configured but there are still many things to take into account at the moment of installing and configuring an Oracle Database, compared with SQL Server or other databases. At the same time, that extra complexity allows for detailed configuration and guarantees performance, scalability, availability and security.
    Incentivized
    Read full review
    Support Rating
    State Street
    No answers on this topic
    Oracle
    1. I have very good experience with Oracle Database support team. Oracle support team has pool of talented Oracle Analyst resources in different regions. To name a few regions - EMEA, Asia, USA(EST, MST, PST), Australia. Their support staffs are very supportive, well trained, and customer focused. Whenever I open Oracle Sev1 SR(service request), I always get prompt update on my case timely. 2. Oracle has zoom call and chat session option linked to Oracle SR. Whenever you are in Oracle portal - you can chat with the Oracle Analyst who is working on your case. You can request for Oracle zoom call thru which you can share the your problem server screen in no time. This is very nice as it saves lot of time and energy in case you have to follow up with oracle support for your case. 3.Oracle has excellent knowledge base in which all the customer databases critical problems and their solutions are well documented. It is very easy to follow without consulting to support team at first.
    Incentivized
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    Implementation Rating
    State Street
    No answers on this topic
    Oracle
    Overall the implementation went very well and after that everything came out as expected - in terms of performance and scalability. People should always install and upgrade a stable version for production with the latest patch set updates, test properly as much as possible, and should have a backup plan if anything unexpected happens
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    Alternatives Considered
    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
    Oracle
    Because of a rich user base and support for any critical issue, this is one of the best options to choose. In case the project has a TCO issue, it can compromise and choose Postgres as the best alternative. SQL server is also good and easy to code and maintain but performance is not as good as the Oracle
    Incentivized
    Read full review
    Return on Investment
    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
    Oracle
    • Multiple applications can use the same database and still get high performance
    • Licensing cost is still a concern compared to the other options available in the market that are very very inexpensive
    • Almost a maintenance free database
    • Oracle Grid makes life easy in terms of monitoring and managing the databases
    Incentivized
    Read full review
    ScreenShots