Desjardins Asset Management Deploys Eagle's Data Management Solutions

By Eagle Investment Systems Llc, PRNE
Sunday, May 15, 2011

BOSTON, TORONTO and MONTREAL, May 16, 2011 - Eagle Investment Systems LLC, a leading provider of financial services
technology and a subsidiary of BNY Mellon, today announced that Desjardins
Asset Management, the investment management specialist of Desjardins Group,
the leading cooperative financial group in Canada and the sixth largest in
the world, has implemented its data management solutions on Eagle ACCESS(SM)
for its asset management business.

The key driver for deploying the Eagle platform was Eagle's commitment to
collaborate with Desjardins Asset Management to build out International
Financial Reporting Standards (IFRS) requirements in support of Canadian and
global financial reporting standards that have taken effect. Eagle introduced
IFRS support in its V10.0 software version which was released in 2009, and it
continues to add functionality to further address client needs for
international financial reporting standards. Eagle's data management platform
was selected to provide a foundation for future integration of Desjardins
Asset Management's other applications and business needs.

"Eagle's innovative technology and continued investment in research and
development are reasons we selected Eagle. A significant aspect of this
decision was based on our collaboration with Eagle to support its build out
of IFRS," said Gregory Chrispin, chief operating officer, Desjardins Asset
Management. "Our previous technology was not current with IFRS or the
instrument coverage necessary to grow our business, so it was important for
Desjardins Asset Management to move onto a new data management platform and
investment accounting solution."

"We are seeing significant interest from firms both in Canada and
globally that are seeking systems to improve their operational efficiency and
workflow by implementing a single integrated asset management platform,
rather than working with systems that require multiple integration points and
interfaces," said Mal Cullen, Eagle's head of Canadian Operations and Eagle
ACCESS(SM).

About Desjardins Asset Management

Desjardins Asset Management, the investment management specialist of
Desjardins Group, the leading cooperative financial group in Canada and the
sixth largest in the world, manages in excess of $36 billion (as at December
31, 2010
). These funds come from the various mandates entrusted to it by its
clients and Desjardins partners. Desjardins Asset Management helps its
clients and partners reach their strategic objectives by earning competitive
returns while ensuring an optimal balance between risk and returns. With
offices in Montreal, Toronto and Vancouver, Desjardins Asset Management is
active in securities investments, management of managers, financial strategy
and asset allocation, real estate investments and mortgage investments and
institutional financing. For more information, visit www.dglobal.com.

About Eagle Investment Systems LLC and BNY Mellon

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 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.

Kendra Ahern, Eagle Investment Systems LLC, +1-617-219-0209, kahern at eagleinvsys.com; or Frederic Pothier, Media Relations Advisor, Desjardins Group, +1-514-281-7000, +1-866-866-7000, ext. 7646, media at desjardins.com

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