Performa Deploys Eagle's Investment Management Suite

By Eagle Investment Systems, PRNE
Tuesday, July 13, 2010

Suite hosted via Eagle's ASP; Operations outsourced to STP Investment Services

BOSTON, July 14, 2010 - Eagle Investment Systems LLC, a leading provider of financial services
technology and a subsidiary of BNY Mellon, today announced P.R.P. Performa
Ltd. (Performa) is live in production with the Eagle suite, which includes
data management, investment accounting and performance measurement solutions.
STP Investment Services, Inc., provider of mid- and back-office investment
services including technology consulting, assisted with the implementation.

With more than US$2 billion in assets under management, Performa manages
investments for captive insurance and reinsurance companies. In addition to
running its core investment processes, Performa is leveraging Eagle to
facilitate accounting and administration, data management, GIPS(R) composite
management, fixed income performance attribution, and client reporting. By
interfacing with an industry leading trading platform, Eagle is able to
process transactions from the front to middle and back office in real-time,
improving the timeliness of data to Performa's entire business.

"This is Performa's third major investment system integration in the past
10 years and has proven to be the smoothest. Although we moved from a highly
automated environment, the gains we have realized from working with Eagle
suite have been substantial," said Gary M. LeBlanc, CPA, chief operating
officer at P.R.P. Performa Ltd. "We have achieved significant efficiencies in
our daily procedures and with our investment management platform,
particularly when compared to our old accounting system."

"Performa chose Eagle because it provided data management, investment
accounting and performance measurement capabilities on one platform," said
John Lehner, president and CEO of Eagle. "We continue to see investment
management firms shift to hosted and outsourced solutions, which allows them
access to powerful applications without the burden of managing these
systems."

The Eagle platform has been hosted via Eagle ACCESS(SM), Eagle's
application service provider, and Performa's middle- and back-office
operations have been outsourced to STP Investment Services. By coupling these
services, Performa is able to focus its efforts on core competencies of
investment management and superior client service.

"The flexibility and scalability of Eagle's comprehensive solution,
interfaced with an industry leading order management system, provides a
technology platform that positions Performa well for future growth, more
timely client service, and lower maintenance costs via straight-thru
processing," said Patrick Murray, president of STP Investment Services, Inc.

P.R.P. Performa Ltd. ("Performa") is the largest independent asset
management firm headquartered in Bermuda. For nearly 20 years, Performa has
focused exclusively on fund management for captive insurance and reinsurance
companies. In providing balanced portfolio management service to its clients,
Performa manages fixed income assets internally while working closely with
its joint venture partner, Orbis Investment Management Ltd., to manage global
equities. Performa currently manages assets in excess of US$2 billion.
www.performa.bm

STP Investment Services, Inc. ("STP") is an investment services company
dedicated to providing fully scalable, flexible, integrated and comprehensive
middle and back office services to asset management companies, enabling
clients to focus on core competencies while realizing lower maintenance costs
and improved efficiency. STP's services include fund administration, cash
management, trade processing and settlement, data management, performance
calculations, performance attribution, reporting, custodian reconciliation,
financial system consulting, database administration, disaster recovery, and
technology management. www.stpis.com

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$22.4 trillion in
assets under custody and administration, US$1.1 trillion in assets under
management, services US$11.8 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, Eagle Investment Systems LLC, +1-617-219-0209, kahern at eagleinvsys.com

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