Eagle Investment Systems wins Federated confidence

BNY Mellon-owned Eagle Investment Systems, a provider of financial services technology, has been chosen by Federated Investors to implement a portfolio management solution. This will comprise data management, investment accounting and performance measurement, enabiling Federated to achieve an investment book of record (IBOR).

According to Mal Cullen, chief executive officer for Eagle, more and more investment firms globally are replacing legacy platforms to help them comply with regulatory change, solve complex IBOR needs, and support growth into new instruments and products. “This significant and exciting new relationship underscores our commitment to delivering innovation to our clients and the power of Eagle’s fully integrated solutions and services for the world’s largest asset managers,” said Cullen.

 

Federated will also be implementing Eagle’s Reference Data Center (RDC) which will centralise and integrate the organisation’s reference data and provide enhanced validation and exception processing. The mature data model delivered with RDC enhances data governance and also provides out-of-the-box data integration and validation for a wide-range of asset categories.