BOSTON – April 27, 2016 – Eagle Investment Systems LLC, a BNY Mellon company and leading provider of financial services technology, today announced that FTF News awarded Eagle with two honors as part of its annual Technology Innovation Awards. Eagle was recognized for having the Best Enterprise Data Management Solution and Best Performance Measurement and Attribution System, representing the first year Eagle has been honored by FTF News in these two categories.
This was the sixth year FTF News has hosted the Technology Innovation Awards, which recognize vendors and service providers who have made significant strides and noteworthy achievements in operational excellence during the previous year.
Eagle’s selection as the Best Enterprise Data Management Solution reflects several innovations and enhancements unveiled last year, most notably the introduction of Eagle’s Reference Data Center (RDC), which centralizes and integrates clients’ reference data to provide enhanced validation and exception processing. Also part of the new 2015 software release, Eagle’s data management solution delivered an enhanced user experience, comprehensive data governance tools, updates to address complex securities such as alternative assets and derivatives, and new analytics and business intelligence tools through the integration of third-party applications.
FTF News’ recognition of Eagle’s Performance Measurement and Attribution solution, meanwhile, follows Eagle’s 2015 rollout of the Performance Book of Record (PBOR), which provides users with a “true” total view of performance, attribution and risk across business lines and asset classes. A PBOR effectively allows for a consolidated and reconciled view of performance data, accommodating both industry-standard and customizable calculation rules to provide the front-office and investment teams with both ex-post views of performance and ex-ante views for risk.
“We are honored to receive these prestigious awards, particularly in two categories that represent foundational components to Eagle’s core offering and areas where we have continued to dedicate significant capital and resources to continually develop and enhance the solution suite for clients,” said Mal Cullen, Chief Executive Officer of Eagle. “These awards are a testament to our team and our efforts to put clients in control of their data to enable growth, manage risk and facilitate better informed decision-making across the organization.”
The shortlist for each category is determined by a panel of industry thought leaders and experts, with the ultimate winners determined by a voting process in which clients, prospects and peers select the award recipients for each category. Last year, FTF News named Eagle as the Service Provider of the Year, Best Outsourcing Provider, and Best Buy-Side Operations Solution, awarded to Eagle Accounting.
In the last 12 months, Eagle has been named Best Fund Accounting and Data Platform by Data Management Review; Best Portfolio Management Technology Vendor as part of the WealthBriefing GCC Region Awards; recognized among the top fintech companies worldwide in two separate rankings compiled by American Banker, financial services intelligence firm BAI, and IDC Financial Insights; and named the Asset-Servicing Technology Vendor of the Year by Custody Risk.
To learn more about FTF News’ Technology Innovation Awards, please click here.
Notes to editors
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 March 31, 2016, BNY Mellon had $29.1 trillion in assets under custody and/or administration, and $1.6 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.