Eagle Investment Systems

Eagle Investment Systems

Type	Subsidiary of BNY Mellon (NYSE: BK)
Industry	Financial Services Technology
Founded	1989
Headquarters	Wellesley, MA, USA
Key people	Mal Cullen, President and CEO
Products	Portfolio Management, Data Management, Investment Accounting, Performance Measurement
Number of employees	500 (2012)
Website	www.eagleinvsys.com

Eagle Investment Systems is an American global provider of financial services technology and a subsidiary of BNY Mellon.^[1][2] Founded in 1989 and based in Wellesley, Massachusetts, Eagle has 13 offices internationally, including offices in Beijing,^[3] Dubai, London, Montreal, New York, Pune, San Francisco, Singapore and Toronto.

Products and Services

Eagle provides portfolio management, data management,^[4][5] investment accounting and performance measurement software solutions to financial institutions globally.^[6][7][8] Eagle deploys its solutions through a secure private cloud, Eagle ACCESS℠,^[9] which hosts and provides on-going support of the applications and systems infrastructure, thereby helping to reduce complexity and risk.^[10] As an alternative to Eagle ACCESS℠, Eagle clients also have an option to deploy Eagle’s technology by co-sourcing operational responsibility with Eagle’s parent company (BNY Mellon) or outsourcing the entire IT operation to BNY Mellon.

In June 2012, Eagle announced the release of Eagle Version 12.0, which features developments to the data management, investment accounting and performance measurement solutions to enhance the global capabilities and risk mitigation aspects of its products.^[11]

Eagle Clients

Eagle Investment Systems’ clients are global financial services companies, including investment management organizations, wealth management organizations, mutual fund companies, hedge funds, brokerage firms, banks, trusts, public sector organizations, plan sponsors, endowments and insurance companies.

Strategic Alliances

Eagle has established strategic relationships with a number of organizations that provide complementary products and services for their clients.^[12] In February 2011, Eagle integrated with FINCAD, a provider of derivative pricing and analytics, to incorporate FINCAD Analytics into Eagle’s data management and performance measurement solutions.^[13] In July 2012, Eagle announced a strategic relationship with MicroStrategy Incorporated, a business intelligence (BI) software vendor.^[14][15]

Company History

Eagle was founded in 1989 as a consulting firm focused on financial technology. In 1996, Eagle launched Eagle PACE™, the precursor to its current Data Management Solution, which was followed in 1999 by the launch of Eagle STAR®, its Accounting Solution. In 2000, Eagle was rebranded to its current name, Eagle Investment Systems.

In 2000, Eagle opened a New York office and in 2001 Eagle Investment Systems was acquired by Mellon Financial. In that same year, Eagle acquired ITS Associates and over the next two years opened both a London and Toronto office. In 2002, Eagle’s ASP offering was rebranded as Eagle ACCESS℠, in 2003 the company launched its Performance Measurement Solution and in 2005 the Mutual Fund Accounting Solutions launched. The San Francisco office opened in 2006 and, in 2007, The Bank of New York (BNY) and Mellon Financial merged. In 2009 a Singapore office was established.

In late 2011, Eagle relocated its headquarters from Newton, MA to Wellesley, MA.

Awards

• Ten consecutive years on the FinTech 100,^[16] an annual international listing of the leading financial technology vendors named by American Banker, Bank Technology News and IDC Financial Insights. This ranking includes the top 100 global application/service providers in the financial services market, including the banking, capital markets and insurance industries.
• FSOkx award for “Excellence in Performance Measurement^[17] (2013)
• Buy-Side Technology Awards, “Best Buy-Side Technology Provider^[18] (2013)
• FTF News, “Best Enterprise Management Solution" ^[19] (2013)
• FTF News, “Best Buy-Side Operation Solutions" ^[20] (2013 and 2014)
• Custoday Risk Americas, “Asset Servicing Technology Vendor of the Year”^[21] (2014)

Management Team

• John Lehner, Chairman^[22]
• Fred Schpero, Chief Financial Officer
• Dan St. Onge, Chief Operating Officer
• Mal Cullen, President and Chief Executive Officer
• John Legrand, Head of EMEA/APAC Operations
• Marc J. Firenze, Chief Technology Officer
• Jeremy Skaling, Head of Product Management
• Glenn Totten, HR Business Partner
• Robert Erman, Head of Global Professional Services
• Diane McLoughlin, Head of Relationship Management
• Dan Cavanaugh, Head of BNY Mellon Program Services
• Todd Snodgrass, Head of Global Support

External links

• Eagle Investment Systems Company Website
• BNY Mellon Technology Solutions
• The Wall Street Wiki
• Bob's Guide Profile
• Hoovers Profile
• LinkedIn Profile

References

1. "Technology Solutions". BNY Mellon.
2. "Mellon to acquire New England software firm". Pittsburgh Business Times. September 5, 2001.
3. Don Seiffert (March 8, 2012). "Eagle Investment Systems opens Beijing office". Mass High Tech.
4. Chris Kentouris (June 15, 2011). "SIFMA Tech 2011: Quantifying How Maturely You Manage Data". Securities Technology Monitor.
5. Penny Crosman (May 11, 2009). "Nomura Asset Management Deploys Eagle Data Management". Wall Street & Technology.
6. James Rundle (October 11, 2011). "LaSalle Investment Management Engages Eagle". Buy-Side Technology.
7. James Rundle (March 9, 2012). "Eagle Expands with Beijing Rep Office". Buy-Side Technology.
8. Tom Steinert-Threlkeld (July 14, 2010). "Bermuda Asset Manager Adopts BNY Mellon Financial Suite". Securities Technology Monitor.
9. James Rundle (November 2011). "Aiming for the Cloud". Waters Technology.
10. Technology Guide 2011 (July 7, 2011). "Eagle Investment Systems". Buy-Side Technology.
11. "Eagle Investment Systems Announces V12.0 Release". Eagle Investment Systems. June 2012.
12. "Achieve More by Aligning Yourself With a Winning Team". Eagle Investment Systems.
13. "Eagle Integrates FINCAD’s Fixed Income and Derivatives Analytics". Eagle Investment Systems. February 2011.
14. "Eagle Investment Systems Collaborates with MicroStrategy to Provide Enhanced Reporting Solutions". Eagle Investment Systems. July 2012.
15. "Eagle Investment Systems". MicroStrategy.
16. "Top 100 Companies in FinTech". American Banker. 2013.
17. Excellence in Performance Measurement "Excellence in Performance Management" Check |url= value (help). FSOKX. 2013.
18. "Buy-Side Technology Awards 2013: Best Buy-Side Technology Provider for 2013—Eagle Investment Systems". Waterstechnology. December 2, 2013.
19. "2013 Winners". Financial Technology Forum. 2013.
20. "2014 Winners". Financial Technology Forum. 2014.
21. "Custody Risk Americas Awards 2014". Custody Risk Awards. April 10, 2014.
22. "BNY Mellon Appoints Paul Gately and John Lehner to Key Roles Within Outsourcing Business". BNY Mellon. May 29, 2012.