Canadian Manager is First Client to Leverage Eagle's Recent Offering, Eagle Analytics
BOSTON and TORONTO, Jan. 23, 2012 /CNW/ - Eagle Investment Systems LLC, a leading provider of financial services technology and a subsidiary of BNY Mellon, today announced that Sentry Investments, a Toronto-based investment management firm, has deployed Eagle's hosted suite of solutions for data management, investment accounting, performance measurement and attribution, as well as the Eagle Analytics platform incorporating FINCAD® Analytics.
One of the fastest-growing asset managers in Canada, Sentry chose the full Eagle suite to replace its existing investment accounting and portfolio management systems.
"Eagle's proven integrated suite of portfolio management and accounting solutions will improve our workflow and advance our operations. By working with Eagle, Sentry gains an end-to-end solution that enables significant efficiencies," said Sandy McIntyre, president and chief executive officer, Sentry Investments. "It also represents another significant investment in the business that will position Sentry for further growth and success."
"Sentry Investments was looking for a vendor that could provide an innovative and comprehensive solution, while minimizing operational costs so it could focus on expansion," said Mal Cullen, Eagle's head of Canadian Operations and Eagle ACCESS(SM). "Sentry is yet another Canadian investment manager leveraging the full Eagle suite to help manage its operations, further strengthening Eagle's mission and commitment to remain the vendor of choice in Canada."
Sentry Investments is a Canadian asset management company with approximately $6.5 billion in assets under management on behalf of Canadian investors. The company offers a diverse range of investment products including mutual funds, hedge funds, flow-through limited partnerships and other alternative investment products. Sentry Investments was recognized as Canada's Best Equity Fund Family at the Lipper Fund Awards 2011, and was one of only five companies in 2011 to receive the prestigious Brendan Wood International TopGun Asset Management Team Award and one of only four companies to receive the honour in 2010. Additional information is available at www.sentry.ca.
Eagle Investment Systems is committed to helping financial institutions worldwide grow assets efficiently with its innovative portfolio management suite of data management, investment accounting and performance measurement solutions that are delivered over its secure private cloud, Eagle ACCESS(SM). Since 1989, Eagle has deployed trusted solutions and services that create operational efficiencies and help reduce complexity and risk. Eagle Investment Systems LLC is a subsidiary of BNY Mellon. 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 $25.9 trillion in assets under custody and administration and $1.2 trillion in assets under management, services $11.7 trillion in outstanding debt and processes global payments averaging $1.6 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.
SOURCE Eagle Investment Systems LLC
For further information:
CONTACT: Kendra Ahern, Eagle Investment Systems LLC, +1-781-943-2007, [email protected]