Robust Solutions, Competitive Pricing, and Global Support were leading factors in LaSalle's selection of Eagle's investment management suite
BOSTON – October 11, 2011 — Eagle Investment Systems LLC, a leading provider of financial services technology and a subsidiary of BNY Mellon, today announced that LaSalle Investment Management (Securities), the public securities investment business of LaSalle Investment Management, has fully implemented its full suite of integrated solutions for data management, accounting and performance measurement, which are hosted via Eagle ACCESS(SM) its secure private cloud.
LaSalle Investment Management (Securities), the specialist securities division of leading global real estate investment management firm LaSalle Investment Management, selected Eagle's hosted solution to support its growing global operations headquartered in Baltimore, MD with offices in Amsterdam and Hong Kong. LaSalle replaced its existing securities accounting solution and internal tools for tracking and calculating performance with Eagle's integrated solutions platform, which is helping it to manage and support its global operations with a single instance of software and provide real-time data from the accounting system all the way through to performance.
"Our firm needed an end-to-end solution that could perform a number of functions and we wanted this solution to be hosted," said Peggy Burns, managing director, LaSalle Investment Management. "Eagle offered us the entire package from robust solutions to a hosted service offering that met our pricing expectations and needs."
LaSalle invests in global equities across all real estate sectors and in all major markets in Europe, North America and the Asia Pacific region.
"Many companies spend a lot of time and effort maintaining applications and are looking for cost- and time-effective alternatives," said John Lehner, Eagle president and CEO. "Eagle ACCESS enables firms like LaSalle to access all the business functionality they need to perform their middle- and back-office functions and support their global operations, all from a single instance of the Eagle suite – a very compelling offering for firms of any size."
LaSalle Investment Management, Inc., a member of the Jones Lang LaSalle group (NYSE: JLL), is a leading global real estate investment manager, with approximately $47.9 billion of assets under management. LaSalle Investment Management is active across a range of real estate capital and operating markets including private and public, debt and equity. For more information, visit www.lasalle.com.
LaSalle Investment Management (Securities) is a leading global real estate securities investment manager for pension funds, institutional clients and structured funds around the globe. With more than 25 years' investment experience the Firm has operations in Baltimore, MD, Amsterdam and Hong Kong. LaSalle Investment Management (Securities) is LaSalle Investment Management's specialist securities division, and as such benefits from the resources of both LaSalle Investment Management and Jones Lang LaSalle For more information, visit www.lasalle.com.
Eagle Investment Systems LLC, a subsidiary of BNY Mellon, creates operational efficiencies for global financial institutions by delivering solutions for data management, investment accounting, and performance measurement and attribution. Its solutions are deployed via Eagle ACCESS(SM), its secure private cloud, which hosts and provides on-going support of applications and infrastructure, helping to reduce complexity and risk. Additional information is available at www.eagleinvsys.com.
BNY Mellon Asset Servicing offers clients worldwide a broad spectrum of specialized asset servicing capabilities, including custody and fund services, securities lending, performance and analytics, and execution services. BNY Mellon Asset Servicing provides services through BNY Mellon and other related companies.
BNY Mellon is a global financial services company focused on helping clients manage and service their financial assets, operating in 36 countries and serving more than 100 markets. BNY Mellon is a leading provider of financial services for institutions, corporations and high-net-worth individuals, offering superior investment management and investment services through a worldwide client-focused team. It has $26.3 trillion in assets under custody and administration and $1.3 trillion in assets under management, services $11.8 trillion in outstanding debt and processes global payments averaging $1.7 trillion per day. BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation (NYSE: BK). Additional information is available at www.bnymellon.com and through Twitter @bnymellon.