Eagle's Momentum Continues to Build With the Release of Eagle V8.0
May 01 2007 - 1:04PM
PR Newswire (US)
BOSTON, May 1 /PRNewswire-FirstCall/ -- Eagle Investment Systems
LLC, a Mellon Financial Company(SM), announced today the
availability of Eagle V8.0, the latest release of its integrated
suite of investment management and technology solutions. Eagle V8.0
includes enhancements to various aspects of automation and data
generation, performance measurement capabilities and investment
accounting processing. "We are very excited about the latest
release of the Eagle product suite. In addition to significant
enhancements to performance measurement, accounting and data
management, we are thrilled to introduce the Eagle Data Mart with
V8.0. The Data Mart represents the keystone of our new information
delivery architecture, which will enable users to report on
information from our accounting, data management and performance
solutions. The Data Mart is an integration point for reportable
information, allowing clients to use third-party applications,"
said Lou Maiuri, Eagle chief executive officer. "Our dedication to
innovation and meaningful functionality continues to result in a
steady growth of global clients." Eagle offers a comprehensive
investment management suite with specific solutions for data
management, accounting and performance measurement, in addition to
fully integrated information delivery and workflow management
tools. "Eagle is committed to offering solutions that exceed the
expectations of both our clients and the industry," said John
Lehner, Eagle president. "The enhanced functionality, the addition
of many new features and the high quality of Eagle V8.0 all
illustrate Eagle's continued thought-leadership position in the
industry." Data Management Highlights The Eagle data management
solution consists of a number of modules, including a reference
data management workflow and consolidation tool, a core data
hub/warehouse, and information delivery tools. One new development
in the V8.0 release of Eagle's data management solution is an Eagle
Data Mart that enables clients to leverage the unique capabilities
and power of the data management solution to generate information
for access using third-party report and query tools. Eagle's highly
anticipated process manager represents the next level of
easy-to-use, rules-based automation for as-of processing in data
management and performance measurement workflows. It also enables
users to define and monitor system events at a granular level, to
view the complete layout of their daily events cycle and to report
on run time and feed result statistics. Performance Measurement
Highlights The Eagle Performance Suite consists of portfolio
performance, GIPS composite management, performance attribution and
mutual fund performance. With the V8.0 release, Eagle offers a
performance toolkit that reduces the time and effort of
implementing the solution by providing clients with a standardized
configuration of end-to-end loading, calculations, attribution
analysis and reporting. The increasing complexity of Eagle's
clients' analysis requirements also led to several functional
enhancements that include: * Expanded equity attribution to support
additional algorithms; * Further streamlined support for fee
schedules and carveouts; and * Expanded mutual fund performance
reporting capabilities, allowing for the display of numerous
statistics related to the performance calculation. Investment
Accounting Highlights Accounting enhancements include expanded
support for new instruments developed in the evolving financial
markets. With V8.0, Eagle's accounting solution now provides robust
accounting for inflation-protected securities that have been issued
by several countries. Eagle's accounting system expanded its
processing of derivatives, with considerable functionality added to
support credit default swaps. In addition, the Eagle accounting
solution accepts vendor-provided cash flows to be used for
calculating yields for amortization on fixed income positions.
Corporate action and fixed income processing were also enhanced to
streamline processing and improve efficiency. About Eagle
Investment Systems LLC Eagle Investment Systems LLC, a Mellon
Financial Company(SM), is a global provider of financial services
technology, serving the world's leading financial institutions.
Eagle's Web-based systems support the complex requirements of firms
of any size including institutional investment management firms,
mutual funds, hedge funds, brokers, public funds, plan sponsors,
and insurance companies. Eagle is committed to providing
enterprise- wide, leading-edge technology and professional services
for investment accounting, data management, and performance
measurement. Eagle's product suite is offered as an installed
application or can be hosted via Eagle ACCESS, Eagle's application
service provider. To learn more about Eagle's solutions, contact
1.800.810.3819 or or visit http://www.eagleinvsys.com/. About
Mellon Mellon Financial Corporation is a global financial services
company. Headquartered in Pittsburgh, Mellon is one of the world's
leading providers of financial services for institutions,
corporations and high net worth individuals, providing asset
management, wealth management, asset servicing, issuer services and
treasury services. Mellon has approximately $5.8 trillion in assets
under management, administration or custody, including $1.034
trillion under management. News and other information about Mellon
is available at http://www.mellon.com/. DATASOURCE: Eagle
Investment Systems LLC CONTACT: Emily Duggan of Eagle Investment
Systems LLC, +1-617-219-0196, or fax, +1-617-558-1544, or Web site:
http://www.eagleinvsys.com/ http://www.mellon.com/
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