Eagle V11.0 Release Scales to Meet Growing Needs of HNW Market on Microsoft Platform

NEW YORK and BOSTON, June 15, 2011 /PRNewswire/ --

- Benchmark Verifies Increased Scalability and Speed for Wealth Management Clients

Eagle Investment Systems LLC, a leading provider of financial services technology and a subsidiary of BNY Mellon, today announced the successful completion of a significant performance benchmark on Microsoft SQL Server 2008 R2 against Eagle's latest software version, V11.0.  The project is the latest in Eagle's optimization initiative that merges the latest hardware, software and engineering talent to create the most scalable data management, accounting, and investment performance measurement platform in the industry.

The goal of the testing was to demonstrate scalability on the Microsoft platform with a focus on price and performance. Eagle completed a load, aggregation, performance measurement calculation and comprehensive data mart process which resulted in a 4x improvement in optimization. The Microsoft Technology Center in Waltham, Mass. was used to execute the benchmark. The testing environment was constructed to replicate Eagle's high net worth clients' requirements for high volume processing for a large quantity of accounts.

"Eagle's clients expect their investment management platforms to deliver high-performance processing, robust scalability and managed cost structures through continued innovation," said Marc Firenze, Eagle's chief technology officer. "When we tested our V11.0 software suite for our wealth management client base, Microsoft SQL Server 2008 R2 running on Windows Server 2008 R2 exceeded our expectations. Compared to previous results, we realized significant improvement, particularly in data mart and performance measurement calculation processing."

In testing, Eagle used its latest packaged generic interfaces, performance measurement and data mart toolkits which are being unveiled in the V11.0 release. Eagle has supported Microsoft SQL Server 2008 R2 since V10.1, and customers have seen significant ROI in upgrading by taking advantage of database compression with negligible impact to performance.  Eagle V11.0 also includes a number of new features to benefit customers wishing to take advantage of Windows and SQL Server 2008 R2, including Transaction Database Encryption and Microsoft Hyper-V support providing enhanced security and virtualization capabilities.

"We've made some significant improvements to the core data management engine and data layer to improve concurrency.  Couple that with our latest database, operating system and hardware innovation, and we have a solid performer at a very appealing price point," said Steve Taylor, head of technology and architecture at Eagle. "This process used to be limited to more expensive, proprietary systems requiring a significant IT investment.  Firms can now leverage this technology at a fraction of the cost, and Eagle also offers Microsoft support via our hosted service, Eagle ACCESS(SM)."

Eagle Investment Systems LLC, a subsidiary of BNY Mellon, creates operational efficiencies for global financial institutions by delivering solutions for data management, investment accounting, and performance measurement and attribution. Its solutions are deployed via Eagle ACCESS(SM), its secure private cloud, which hosts and provides on-going support of applications and infrastructure, helping to reduce complexity and risk. Additional information is available at http://www.eagleinvsys.com.

BNY Mellon Asset Servicing offers clients worldwide a broad spectrum of specialized asset servicing capabilities, including custody and fund services, securities lending, performance and analytics, and execution services.

BNY Mellon is a global financial services company focused on helping clients manage and service their financial assets, operating in 36 countries and serving more than 100 markets.  BNY Mellon is a leading provider of financial services for institutions, corporations and high-net-worth individuals, offering superior investment management and investment services through a worldwide client-focused team.  It has $25.5 trillion in assets under custody and administration and $1.2 trillion in assets under management, services $11.9 trillion in outstanding debt, and processes global payments averaging $1.7 trillion per day. BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation (NYSE: BK).  Learn more at bnymellon.com.

SOURCE Eagle Investment Systems LLC