Company:Eagle Investment Systems

From HandWiki
Eagle Investment Systems
TypeSubsidiary of BNY Mellon (NYSE: BK)
IndustryFinancial Services Technology
Founded1989
Headquarters
Wellesley, MA
,
United States
Key people
Mal Cullen, President and CEO
ProductsPortfolio Management, Data Management, Investment Accounting, Performance Measurement
Number of employees
1000+ (2018)
Websitewww.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 15 offices internationally, including offices in Beijing,[3] Chennai, Dubai, London, Montreal , New York City , Pune, San Francisco , Singapore, Sydney and Toronto.

Products and services

Eagle provides portfolio management, data management,[4][5] investment accounting and performance measurement software to financial institutions.[6][7][8] The company uses a secure private cloud called Eagle Access[9] to host and provide ongoing support of the applications and systems infrastructure, thereby helping to reduce complexity and risk.[10]

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.[11] 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.[12] In July 2012, Eagle announced a strategic relationship with MicroStrategy Incorporated, a business intelligence (BI) software vendor.[13][14]

Eagle Investment Systems' Wellesley office, renovated in 2018.

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 (Eagle Straight-Through Accounting and Recordkeeping), its Accounting Solution. In 2000, Eagle was rebranded to its current name, Eagle Investment Systems.[citation needed]

In 2000, Eagle opened a New York City 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.[citation needed]

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

Awards

  • Ten consecutive years on the FinTech 100,[15] 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.
  • Five consecutive years on IDC Financial Insights' FinTech Rankings.[16]
  • 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][|permanent dead link|dead link}}] (2013)
  • FTF News, "Best Buy-Side Operation Solutions" [20] (2013, 2014, 2015 and 2017)
  • FTF News, "Best Data Management Solution"[21] (2016)
  • FTF News, "Best Middle Office Solution"[22] (2017)
  • FTF News, "Best Cloud Computing Solution"[23] (2018)
  • Custody Risk Americas, "Asset Servicing Technology Vendor of the Year"[24] (2014, 2015 and 2017)
  • Waters Rankings, "Best Cloud-based Services Provider"[25] (2018)

Management team

  • Mal Cullen, Chairman[26]

References

  1. "Technology Solutions". BNY Mellon. http://www.bnymellon.com/assetservicing/technology.html. 
  2. "Mellon to acquire New England software firm". Pittsburgh Business Times. September 5, 2001. http://www.bizjournals.com/pittsburgh/stories/2001/09/03/daily16.html. 
  3. Don Seiffert (March 8, 2012). "Eagle Investment Systems opens Beijing office". Mass High Tech. http://www.masshightech.com/stories/2012/03/05/daily39-Eagle-Investment-Systems-opens-Beijing-office.html. 
  4. Chris Kentouris (June 15, 2011). "SIFMA Tech 2011: Quantifying How Maturely You Manage Data". Securities Technology Monitor. http://www.securitiestechnologymonitor.com/news/edm-data-management-maturity-model-28187-1.html?pg=2. 
  5. Penny Crosman (May 11, 2009). "Nomura Asset Management Deploys Eagle Data Management". Wall Street & Technology. http://www.wallstreetandtech.com/data-management/217400219. 
  6. James Rundle (October 11, 2011). "LaSalle Investment Management Engages Eagle". Buy-Side Technology. http://www.waterstechnology.com/buy-side-technology/news/2116287/lasalle-investment-management-engages-eagle. 
  7. James Rundle (March 9, 2012). "Eagle Expands with Beijing Rep Office". Buy-Side Technology. http://www.waterstechnology.com/buy-side-technology/news/2158271/eagle-expands-beijing-rep-office. 
  8. Tom Steinert-Threlkeld (July 14, 2010). "Bermuda Asset Manager Adopts BNY Mellon Financial Suite". Securities Technology Monitor. http://www.securitiestechnologymonitor.com/news/-25806-1.html. 
  9. James Rundle (November 2011). "Aiming for the Cloud". Waters Technology. http://www.waterstechnology.com/waters/special/2122278/cloud-computing-special-report. 
  10. Technology Guide 2011 (July 7, 2011). "Eagle Investment Systems". Buy-Side Technology. http://www.waterstechnology.com/buy-side-technology/profile/1724243/eagle-investment-systems. 
  11. "Achieve More by Aligning Yourself With a Winning Team". Eagle Investment Systems. http://www.eagleinvsys.com/about-eagle/alliance-partners.cfm. 
  12. "Eagle Integrates FINCAD's Fixed Income and Derivatives Analytics". Eagle Investment Systems. February 2011. http://www.eagleinvsys.com/about-eagle/news.cfm?id=Eagle%20Integrates%20FINCAD%E2%80%99s%20Fixed%20Income%20and%20Derivatives%20Analytics. 
  13. "Eagle Investment Systems Collaborates with MicroStrategy to Provide Enhanced Reporting Solutions". Eagle Investment Systems. July 2012. http://www.eagleinvsys.com/about-eagle/news.cfm?id=Eagle%20Investment%20Systems%20Collaborates%20with%20MicroStrategy%20to%20Provide%20Enhanced%20Reporting%20Solutions. 
  14. "Eagle Investment Systems". MicroStrategy. http://www.microstrategy.com/partners/directory/detail.asp?id=405. 
  15. "Top 100 Companies in FinTech". American Banker. 2013. http://www.americanbanker.com/fintech-supplement/top-100-companies-in-fintech-1063413-1.html?fintech. 
  16. "IDC FinTech Rankings 2018". https://www.idc.com/prodserv/insights/RESOURCES/ATTACHMENTS/2018_IDC_Fintech_Rankings_and_Real_Results_Winners_FINAL.pdf. 
  17. "FSOkx Announces Outstanding Achievements in Financial Services Industry Transformation". FSOKX. 2013. http://www.fsokx.com/Publishing/PressReleasesDetail.aspx?Pid=89&CT=AUL. 
  18. "Buy-Side Technology Awards 2013: Best Buy-Side Technology Provider for 2013—Eagle Investment Systems". Waterstechnology. December 2, 2013. http://www.waterstechnology.com/buy-side-technology/analysis/2316542/buy-side-technology-awards-2013-best-buy-side-technology-provider-for-2013-eagle-investment-systems. 
  19. "2013 Winners". Financial Technology Forum. 2013. http://www.ftfnews.com/awards/winners/winners-2013/Best-Enterprise-Management-Solution. [yes|permanent dead link|dead link}}]
  20. "2014 Winners". Financial Technology Forum. 2014. http://www.ftfnews.com/awards/winners/. 
  21. "The FTF News Technology Innovation Awards 2016 | FTF News" (in en-US). https://www.ftfnews.com/awards/the-ftf-news-technology-innovation-awards-2016. 
  22. "The FTF News Technology Innovation Awards 2017 | FTF News" (in en-US). https://www.ftfnews.com/awards/the-ftf-news-technology-innovation-awards-2017. 
  23. "The FTF News Technology Innovation Awards 2018 | FTF News" (in en-US). https://www.ftfnews.com/awards/the-ftf-news-technology-innovation-awards-2018. 
  24. "Custody Risk Americas Awards 2014". Custody Risk Awards. April 10, 2014. http://www.custodyriskawards.com/americas/static/2014-winners. 
  25. "Waters Rankings 2018: All the Winners" (in en). 2018-07-15. https://www.waterstechnology.com/node/3750611. 
  26. "BNY Mellon Appoints Paul Gately and John Lehner to Key Roles Within Outsourcing Business". BNY Mellon. May 29, 2012. http://bnymellon.mediaroom.com/index.php?s=43&item=1852. 

External links