Threadneedle deploys Eagle for data hub project

Threadneedle deploys Eagle for data hub project

UK-based Threadneedle Asset Management is using technology from Eagle Investment Systems to develop a one-stop corporate information hub, to be called DataNet, at its investment information services (IIS) division.

DataNet is a single distribution platform that will deliver corporately shared data and information to multiple systems at the firm.

For the project, Threadneedle will deploy the vendor's data hub and portfolio management application, Pace, security reference data management, validation and workflow software, Reference Manager, as well as Message Centre and Portal products.

Eagle's professional services team will provide implementation services.

David Carter, Threadneedle's head of IT architecture comments: "The ability to meet the key business drivers of IIS, of providing quality and consistency in the data to multiple systems, including LatentZero in the front office, DSTi's HiPortfolio within operations and into our quantitative analytics team, will offer major benefits faster than if we had taken an in-house build approach."

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