BOSTON, June 4, 2014 /PRNewswire/ -- Eagle Investment Systems LLC (Eagle), a leading provider of financial services technology and a subsidiary of BNY Mellon, today announced the firm was recognized as Asset Servicing Technology Vendor of the Year at the Custody Risk Americas Awards on April 10, 2014.
The Custody Risk Americas Awards, hosted by Custody Risk magazine, recognizes the outstanding achievers in the securities services industry in both North and South America. A panel of independent industry experts selected Eagle as Asset Servicing Technology Vendor of the Year among a shortlist of leading global technology providers.
"As global asset managers continue to demand easier, quicker and simpler access to their data, Eagle quickly responded and invested heavily in its product and to evolve it in response to various regulatory developments including Dodd-Frank, Legal Entity Identifiers, UCITS IV, IFRS and insurance regulation," said Luke Clancy, editor, Custody Risk magazine. "Their client-centric approach coupled with top-notch technology built to adapt to changing regulatory and market demand made Eagle the clear choice for Asset Servicing Technology Vendor of the Year."
"It is an honor to receive this award. We are grateful that our outstanding data management, accounting and performance measurement solutions continue to be recognized by the industry at large as best of breed," said John Lehner, president and CEO of Eagle. "This latest accolade is yet another credit to the hard-work and dedication of our employees around the world. Their collective commitment to providing the best technology solutions and services to the asset management industry is the key to delivering on our purpose to help our clients grow their assets efficiently."
The Asset Servicing Technology Vendor of the Year is the latest of several awards presented to Eagle in the last 12 months. Other honors include Best Buy-side Technology Provider 2013 at the Buy-side Technology Awards, FinTech 100, FSOkx Excellence in Performance Measurement, FTF News Technology Innovation's Best Buy-Side Operations Solution and FTF News Technology Innovation's Best Enterprise Data Management Solution.
Eagle is committed to helping financial institutions worldwide grow assets efficiently with its award-winning portfolio management suite of data management, investment accounting and performance measurement solutions that are delivered over its secure private cloud, Eagle ACCESSSM. 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's Asset Servicing business supports institutional investors in today's fast-evolving markets, safeguarding assets and enhancing the management and administration of client investments through services that process, monitor and measure data from around the world. We leverage our global footprint and local expertise to deliver insight and solutions across every stage of the investment lifecycle.
BNY Mellon is a global investments company dedicated to helping its clients manage and service their financial assets throughout the investment lifecycle. Whether providing financial services for institutions, corporations or individual investors, BNY Mellon delivers informed investment management and investment services in 35 countries and more than 100 markets. As of March 31, 2014, BNY Mellon had $27.9 trillion in assets under custody and/or administration, and $1.6 trillion in assets under management. BNY Mellon can act as a single point of contact for clients looking to create, trade, hold, manage, service, distribute or restructure investments. BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation (NYSE: BK). Learn more at www.bnymellon.com, or follow us on Twitter @BNYMellon.
SOURCE Eagle Investment Systems LLC