Eagle Expands EMEA Team
By Eagle Investment Systems Llc, PRNESunday, October 3, 2010
Heightened Demand for Risk Management and Automation
LONDON and BOSTON, October 4, 2010 - Eagle Investment Systems LLC, a leading provider of financial services
technology and a subsidiary of BNY Mellon, today announced that it has hired
a new regional sales director to address the business development needs of
existing clients and prospects in Europe, Middle East and Africa (EMEA). Atul
Mehta brings extensive knowledge and experience selling back office systems
to buy side asset managers across the territory.
Mehta, responsible for the Middle East region as well as parts of Europe
and the UK, joins Eagle from SimCorp where he was most recently a sales
manager for the European and Middle Eastern markets selling portfolio
management solutions. During his 11-year tenure at the firm, his roles and
responsibilities focused on the firm's sales and pre-sales activities and
delivering solutions to key clients. Prior to SimCorp, Mehta was employed as
a client support analyst working with front office clients at Linedata.
As the global financial services markets ready for new regulation such as
Solvency II, or make advancements with existing compliance directives like
IFRS, legacy data management and investment accounting solutions many times
can not comply with the new requirements. The industry move toward more
automation and risk management has created opportunities across EMEA and
other parts of the world in these areas.
"Eagle continues to attract investment managers across EMEA because its
solutions help provide operational efficiencies and risk management in these
times of new and changing regulation. Furthermore, Eagle's fastest growing
delivery capability, application hosting, has garnered significant interest
in this region because today's savvy investment managers want the best
technology, without the price tag for maintaining technology and running
applications," said John Legrand, Eagle's managing director of Eagle's EMEA
operations.
Eagle's recent hiring of Mehta comes on the heels of another recent hire,
John Boggis, who joined the firm in the first quarter to manage the
continental Europe and Scandinavian markets with shared responsibility for
the UK region. He also joined Eagle from SimCorp where he was a sales manager
for the European region since 2005.
Mehta and Boggis both report directly to Legrand, "While Eagle has
expanded into new areas of the world such as the Middle East and Africa in
the past few years, we have also continued to engage with many new business
prospects across Europe. Each of these markets presents tremendous
opportunities, and as such, it became necessary to expand our well
established and world-class operations by adding Atul to the team. His market
knowledge, experience and industry relationships will help grow our business
and help secure prospects that make up our current pipeline," said Legrand.
Eagle Investment Systems LLC, a subsidiary of BNY Mellon Asset Servicing,
is a global provider of financial services technology. Eagle provides
leading-edge technology and services for data management, investment
accounting and performance measurement. Eagle's product suite is offered as
an installed application or can be hosted via Eagle ACCESS(SM), Eagle's ASP
offering. 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 the corporate brand of The Bank of New York Mellon
Corporation (NYSE: BK). BNY Mellon is a global financial services company
focused on helping clients manage and service their financial assets,
operating in 34 countries and serving more than 100 markets. BNY Mellon is a
leading provider of financial services for institutions, corporations and
high-net-worth individuals, providing superior asset management and wealth
management, asset servicing, issuer services, clearing services and treasury
services through a worldwide client-focused team. It has US$21.8 trillion in
assets under custody and administration, US$1.0 trillion in assets under
management, services $11.6 trillion in outstanding debt and processes global
payments averaging US$1.5 trillion per day. Additional information is
available at www.bnymellon.com.
Kendra Ahern of Eagle Investment Systems LLC, +1-617-219-0209, kahern at eagleinvsys.com, or Louisa Bartoszek of BNY Mellon, +44-20-7163-2826, louisa.bartoszek at bnymellon.com
Tags: Eagle Investment Systems LLC, London And Boston, Massachusetts, October 4, Western Europe