Eagle Investment Systems LLC, a leading provider of financial services technology and a subsidiary of BNY Mellon, today announced that AQR Capital Management (AQR) has selected Eagle's investment performance measurement solution and GIPS performance to help enhance efficiencies and automation in support of its composite and performance reporting.
After a comprehensive selection process, AQR selected Eagle because it offered a robust and open data platform which gave AQR the flexibility for the requirements it was looking for.
"Eagle offered a rich data model and an innovative, flexible solution that handles our complex requirements," said Stephen Mellas, Principal of AQR Capital Management. "Our firm requires technology solutions that continue to evolve and meet the changing needs of our infrastructure."
"AQR selected Eagle because our solutions offer tremendous efficiencies and can scale to the growing needs of our clients," said John Lehner, Eagle's president and chief executive officer. "As alternative investment strategies continue to evolve, the need for transparency and exposure reporting becomes more and more a necessity, and Eagle's data-centric, open solutions offer the right level of detail into calculations that these firms require today."