Eagle Integrates FINCAD's Fixed Income and Derivatives AnalyticsBy Eagle Investment Systems Llc, PRNE
Monday, February 7, 2011
BOSTON and VANCOUVER, British Columbia, February 8, 2011 - Eagle Investment Systems LLC, a leading provider of financial services
technology and a subsidiary of BNY Mellon, and FINCAD, the trusted provider
of derivative pricing and analytics, today announced an agreement to
incorporate FINCAD Analytics into the Eagle suite for use within its data
management and performance measurement solutions.
Designed to streamline the process for managing complex investments, this
integration provides Eagle's clients with built-in functionality to simplify
valuation and calculation of analytics for fixed income and derivatives.
Clients will also receive technical and functional support as they on-board
new instrument types.
"By integrating FINCAD Analytics, we offer clients a cost effective
option for generating prices and fixed income analytics. We are also
significantly differentiating our data management solution in the market by
enabling clients to generate these analytics with consolidated and cleansed
data," said John Lehner, president and chief executive officer of Eagle.
"Risk management remains a top priority for our clients. Eagle is committed
to addressing this need while reducing the overhead and simplifying the
"As derivatives usage continues to evolve and expand globally,
comprehensive industry standard derivatives analytics and tools are necessary
to maintain risk management practices," said Amar Budhiraja, Director of the
FINCAD Alliance Program. "FINCAD is excited to work with Eagle in support of
its new analytics offering which provides investment managers a more
automated method of valuing derivatives. We enjoy working with innovative
companies that leverage our analytics to design creative solutions that help
our common clients."
Founded in 1990, FINCAD provides software and services supporting the
valuation and risk management of cross-asset class derivatives and fixed
income securities to banks, corporate treasuries, asset management firms,
auditors, and governments. FINCAD is the industry standard for financial
analytics used by more than 4,000 organizations in over 80 countries. Over 75
FINCAD Alliance Partners embed FINCAD analytics within their solutions.
Additional information is available at www.fincad.com.
Eagle Investment Systems LLC, a subsidiary of BNY Mellon, provides global
financial companies with technology and services for data management,
investment accounting and performance measurement. Eagle's investment
management suite is hosted via Eagle ACCESS(SM), the firm's ASP or installed
locally. 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
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, providing superior asset management and wealth management, asset
servicing, issuer services, clearing services and treasury services through a
worldwide client-focused team. It has $24.4 trillion in assets under custody
and administration and $1.14 trillion in assets under management, services
$12.0 trillion in outstanding debt and processes global payments averaging
$1.6 trillion per day. BNY Mellon is the corporate brand of The Bank of New
York Mellon Corporation (NYSE: BK). Additional information is available at
Kendra Ahern, Eagle Investment Systems LLC, +1-617-219-0209, kahern at eagleinvsys.com; or Sarah Quon, FINCAD, +1-604-831-9599, pr at fincad.com
Tags: Boston And Vancouver, British columbia, Eagle Investment Systems LLC, February 8, Massachusetts