Source: Eagle Investment Systems
Eagle Investment Systems, a leading provider of financial services technology and a subsidiary of BNY Mellon, today announced that Brandywine Global Investment Management LLC (Brandywine Global), which has $32 billion in assets under management, will deploy its hosted service, Eagle ACCESSSM for data management, investment accounting and performance measurement solutions.
Investment managers continue to struggle with managing new complex investments, and as a result are looking at solutions that can automate the process and provide future support. Brandywine Global deployed Eagle's data management solution in 2006. In 2010, Brandywine Global conducted a search for an investment accounting and performance measurement system and selected Eagle's hosted investment management suite to replace its existing installed applications.
"Eagle's ability to manage complex securities and calculate sophisticated performance analysis were key factors for selecting Eagle," said Mark Glassman, chief administration officer at Brandywine Global Investment Management. "Eagle's model encompasses full services and support as well as continued commitment to innovation through its rigorous release schedule. Eagle ACCESS will maintain the platform and provide additional assistance to help create operational efficiencies across our back office within a short deployment timeframe."
"Brandywine Global required a strategic solution that could offer the technology and software to streamline the management of its global and alternative investments, with the ability to be implemented quickly and provide immediate cost benefits," said John Lehner, president and chief executive officer of Eagle. "Eagle ACCESS provides the complete solution, delivering the functionality, expertise and future support that Brandywine Global requires."