Eagle V11.0 Release Scales to Meet Growing Needs of HNW Market on Microsoft Platform
By Eagle Investment Systems Llc, PRNETuesday, June 14, 2011
NEW YORK and BOSTON, June 15, 2011 -
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
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
Tags: Eagle Investment Systems LLC, June 15, Massachusetts, New York, New York And Boston
