BOSTON, October 18, 2016 – Eagle Investment Systems LLC, a BNY Mellon company, has been selected by American Family Insurance to provide the technological underpinning of the company’s front- and middle-office transformation initiative. The comprehensive solution will provide a centralized platform that integrates, stores and enriches investment data from various systems and external sources. This will help drive efficiencies throughout American Family Insurance and facilitate enhanced decision-making in the front office.
American Family Insurance was looking to leverage one comprehensive technology solution that couples data centricity with an open and scalable architecture. Eagle Data Management accommodates a complex book of assets and operates seamlessly with various other third-party platforms. Eagle Performance, meanwhile, provides aggregated performance calculations and views, to help inform investment decisions and aid investment reporting. This solution is deployed over Eagle ACCESSSM, Eagle’s secure private cloud.
Madison, WI.- based American Family Insurance is the nation's 13th-largest property/casualty insurance group and has assets of $21.5 billion. Beyond equities and fixed income, the company manages assets ranging from private equity and private real estate to mortgage-backed securities and collateralized loan obligation vehicles, among other structured products.
Notes to editors
American Family Insurance
Madison, Wis. - based American Family Insurance is the nation's 13th-largest property/casualty insurance group and ranks 332 on the Fortune 500 list. . The company sells American Family-brand products, including auto, homeowners, life, business and farm/ranch insurance, through its exclusive agents in 19 states. American Family affiliates (The General, Homesite and AssureStart) also provide options for consumers who want to manage their insurance matters directly over the Internet or by phone. Web www.amfam.com/; Facebook www.facebook.com/amfam; Twitter www.twitter.com/amfam; Google+ plus.google.com/+amfam/
Eagle Investment Systems
Eagle is committed to helping financial institutions worldwide grow assets efficiently with its award-winning portfolio management suite of data management, investment accounting and performance measurement solutions that are delivered over its secure private cloud, Eagle ACCESSSM. Eagle deploys trusted solutions and services that create operational efficiencies and help reduce complexity and risk. Eagle Investment Systems LLC is a subsidiary of BNY Mellon. Additional information is available at http://www.eagleinvsys.com/ or follow us on Twitter @Eagleinvsys.
BNY Mellon is a global investments company dedicated to helping its clients manage and service their financial assets throughout the investment lifecycle. Whether providing financial services for institutions, corporations or individual investors, BNY Mellon delivers informed investment management and investment services in 35 countries and more than 100 markets. As of June 30, 2016, BNY Mellon had $29.5 trillion in assets under custody and/or administration, and $1.7 trillion in assets under management. BNY Mellon can act as a single point of contact for clients looking to create, trade, hold, manage, service, distribute or restructure investments. BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation (NYSE: BK). Additional information is available on http://www.bnymellon.com/. Follow us on Twitter @BNYMellon or visit our newsroom at www.bnymellon.com/newsroom for the latest company news.