Charles River Development (CRD), a State Street company, is a leading provider of investment management solutions for the front and middle office. Their flagship Charles River Investment Management Solution (IMS) is a comprehensive platform used by institutional asset and fund managers, alternative investment firms, wealth managers, and insurance companies globally. CRD helps clients streamline investment processes, improve decision-making, manage risk, and enhance operational efficiency. Acquired by State Street in 2018, CRD is a core component of State Street Alpha℠, the industry’s first global front-to-back investment servicing platform.
Serves as the central hub for global operations, research and development, product strategy, client support leadership, and corporate functions.
The headquarters is situated in a modern office park, likely featuring contemporary office design, collaborative workspaces, and advanced technological infrastructure to support its software development and financial services focus.
The work culture emphasizes innovation, collaboration, and client-centricity. As a technology firm within the financial sector, it fosters an environment of continuous learning and problem-solving. Post-acquisition by State Street, the culture also integrates with the broader values and operational style of its parent company.
The Burlington headquarters is significant as the nerve center for CRD's global product development and strategic initiatives, driving innovation for the Charles River IMS and its integration into State Street Alpha.
Charles River Development, as a part of State Street, maintains a significant global presence with offices in key financial centers across North America, Europe, Asia-Pacific, and other regions. This worldwide network enables CRD to provide localized sales, implementation services, client support, and product development insights, ensuring that the Charles River IMS meets the diverse needs of its international clientele. Functions supported globally include client relationship management, technical support, professional services, and regional sales operations.
700 District Avenue
Burlington
Massachusetts
USA
Address: 20 Churchill Place, Canary Wharf, London E14 5HJ, UK (State Street Office)
Supports CRD's client base across EMEA, providing localized expertise, regulatory understanding, and on-the-ground support for complex financial markets.
Address: Level 14, 727 Collins Street, Docklands VIC 3008, Australia (State Street Office)
Facilitates CRD's engagement with asset managers, superannuation funds, and other financial institutions in Australia, New Zealand, and across Asia, adapting solutions to regional market dynamics.
Address: Cœur Défense Tour A, 110 Esplanade du Général de Gaulle, 92400 Courbevoie, France (State Street Office)
Provides localized support and expertise for the French and continental European financial markets, addressing specific regulatory and business needs.
Address: 168 Robinson Road, #33-01 Capital Tower, Singapore 068912 (State Street Office)
Caters to the growing financial sector in Singapore and Southeast Asia, offering specialized solutions and local market insights to investment firms.
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As of April 2025, Charles River Development' leadership includes:
Charles River Development has been backed by several prominent investors over the years, including:
Specific executive movements solely within Charles River Development are less frequently publicized independently following its acquisition by State Street. Major leadership changes are often part of broader State Street Alpha or State Street Digital announcements. No major CRD-specific top-tier (CEO, COO, CTO) changes have been prominently announced in the last 12 months. Team expansions and leadership roles within specific product or regional areas continue as part of ongoing business development.
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Charles River Development, following its acquisition by State Street, primarily uses email formats associated with the crd.com domain. Common formats include first initial followed by last name, or first name followed by an underscore or dot and then last name.
[first_initial][last]@crd.com
Format
jdoe@crd.com
Example
80%
Success rate
State Street News • November 16, 2023
Charles River Development announced it has been named 'Best Front-Office Platform' at the WatersTechnology Asia Awards 2023. This recognition highlights CRD's excellence in providing innovative solutions for portfolio management, risk, and compliance to investment firms in the Asia-Pacific region....more
State Street News • September 7, 2023
State Street announced that its State Street Alpha for Private Markets solution, which leverages Charles River Development technology, was named 'Best Fund Accounting and Reporting Software' at the Private Equity Wire US Awards 2023. This award acknowledges its comprehensive capabilities for private market asset managers....more
Finextra • October 19, 2023
Charles River Development has integrated sustainability data and analytics from Clarity AI into its platform. This will allow Charles River clients to access ESG risk and impact data for more than 70,000 companies, 430,000 funds and 400 countries and local governments....more
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