Axial Investment Management, Pearl Group's asset liability specialist, with £24 billion under management, chose Eagle's performance measurement solution to improve data quality, generate daily performance, and produce weekly and monthly management reports utilising daily calculated performance data.

Through Eagle's technology, Axial will be able to quickly and easily calculate returns in different formats to meet the requirements of various audiences. It will also have the flexibility to consolidate data from multiple sources to create different views of data across its business. This will enable Axial to present performance returns in one format for clients and other formats for portfolio and external managers. Eagle's technology will allow Axial to automate its internal processes for calculating returns, thus streamlining and improving the efficiency of a previously lengthy manual process.

"At Axial, we pride ourselves on our ability to offer market-leading analysis of assets and risk," said John Cusins, CEO of Axial. "We believe Eagle's technology will enable us to offer a frequency and flexibility of reporting that is unrivalled."

"Our integrated capabilities of data management and performance measurement deliver a single, dynamic solution providing managers with innovative technology to rapidly and accurately measure the performance of their portfolio," added John Legrand, managing director of Eagle's EMEA and Asia Pacific operations. "We are thrilled to be working with Pearl Group at this exciting stage in their company's history and look forward to assisting them in making further efficiencies to their performance measurement practices."