Eagle V11.0 Set for Release in July

NEW YORK and BOSTON, June 14, 2011 -

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Release Focused on Regulation, Scalability and Risk Management

Eagle Investment Systems LLC, a leading provider of financial
services technology and subsidiary of BNY Mellon, today announced
that Eagle Version 11.0 (V11.0), a technical and functional upgrade
of its integrated suite of data management, investment accounting,
and performance measurement and attribution solutions, will be
available in early July.

Committed to product innovation, Eagle releases a major version
of its software each year to stay ahead of a rapidly changing
industry and keep pace with technology advances.  V11.0
includes new platform certification for Oracle 11g R2 and Microsoft
SQL Server 2008 R2 as well as improved virtualization and Linux
support. Enhancements have been made to support Eagle ACCESS(SM),
its secure private cloud, which hosts the Eagle Suite, and the
architecture was updated to significantly improve throughput within
an optimized, cost-effective technical footprint.

V11.0 offers clients timely updates around a number of industry
issues. Throughout the suite, reporting has been enhanced to comply
with regulatory changes such as cost basis reporting for brokers,
US GAAP, insurance statutory reporting, IFRS, derivatives reporting
disclosures, and other global mandates. The new release also
addresses the market’s need for tighter risk management through
enhanced exposure reporting features and the automation of
processing complex instruments. To address its expanding client
base, Eagle has also added multilingual reporting and is providing
a localized user experience within the Eagle Portal.

“Our close observation of the global financial landscape, and
other market influences such as derivatives, has driven most of the
functionality updates and regulatory support offered in V11.0,”
said John Lehner, chief executive officer and president of Eagle.
“We have also made numerous technical enhancements including
improvements to user experience, ease of use, scalability and
overall performance. This is a major release offering our clients
many important updates to help keep their costs down and improve
overall operational efficiencies.”

Functional enhancements in V11.0 were made based on client and
market demand as well as mandates from industry regulators. These
factors, coupled with competitive drivers and Eagle’s support of
various delivery channels, help determine the investment in each
release. Highlighted below are key updates that will be available
in the solutions that comprise the Eagle Suite:  

• Data Management introduces Eagle Analytics in V11.0,
  which offers built in functionality to calculate analytics and
  prices for fixed income and derivatives instruments using the
  FINCAD® Analytics Suite.The latest release offers numerous
  enhancements to the reference data management solution. Pricing
  Center offers more efficiencies to minimize the impact to NAV and
  market value calculations when pricing changes in the narrow
  end-of-day period. New vendor scorecard reports were added to
  Security Reference Manager to enhance the tracking of data sources
  being utilized. Overall, improvements to workflow and user
  flexibility were made to provide clients with an enhanced user
  experience and ease of use.  
  • Information Delivery, a data management solution
    component which provides the ability to calculate and report
    financial data, offers new functionality around the storage,
    generation and delivery of information in multiple languages. The
    improved Portal provides users a localized experience and has been
    completely redesigned to enable a more intuitive user experience
    and faster navigation. The new version also provides significant
    updates around the functionality and reporting of exposure
    analysis.
• Investment Accounting contains many changes to address
  industry regulation, updated functionality to meet market demand
  and improved operational efficiencies. Enhancements in V11.0
  include expanded integration for derivatives instruments such as
  credit default index swaps, updates to comply with cost basis
  legislation changes taking effect in 2012, expanded support for
  compliance with US GAAP, IFRS, and fair value measurements. The new
  release also supports insurance requirements for loan-backed and
  structured securities, disclosure reports for derivatives
  instruments and enhancements to support impairment processing.
  Numerous updates were also made to mutual fund accounting
  calculation and reporting requirements.
• The Performance Measurement suite provides significant
  enhancements to support ease of deployment and offers expanded
  portfolio analysis to clients. To help clients rapidly realize the
  value of their investment in Eagle, V2.0 of the Performance Toolkit
  extends Eagle’s use of generic data interfaces and provides
  industry standard performance calculations, standard audit checks,
  solution defined workflows, and standard performance reports. V11.0
  also provides additional performance attribution analyses, expanded
  GIPS® disclosure management support and client workflow
  improvements. A system baseline was conducted and optimization
  improvements were completed which produced a 4x processing
  improvement. This demonstrates Eagle’s ability to scale to support
  performance calculations and reporting for a high volume of
  accounts.

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 href="www.eagleinvsys.com/">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, +1-617-219-0209, kahern at eagleinvsys.com