Bimcor Receives Eagle Award for Efficiency At Engage 2016

14 November, 2016

BOSTON – November 14, 2016 – Eagle Investment Systems LLC, a BNY Mellon company and leading provider of financial services technology, has presented Bimcor this year’s Eagle Client Efficiency Award at the Engage 2016 conference. The event is currently being held in Orlando, Florida.

Bimcor, which currently manages assets mainly on behalf of pension funds of Bell Canada and its various subsidiaries and affiliates, was selected for its efficient use of Eagle to facilitate asset growth from $13 billion to $22 billion without the need to increase operational staff. It has also efficiently integrated new pension assets as its parent company acquires firms by automating much of the process.

The Eagle Client Awards recognize organizations that have demonstrated the most exceptional use of Eagle to deliver business benefits and grow their assets efficiently. The awards focus on two key categories: Innovation and Efficiency. Nominations are put forward by members of Eagle’s client service teams, which are then reviewed and judged by the Eagle Executive Council.

“Bimcor has achieved exceptional levels of efficiency in being able to on-board and incorporate newly acquired assets by automating the majority of its processes,” said Diane McLoughlin, Chief Client Officer for Eagle Investment Systems. “Bimcor has been able to nearly double its assets under management without the need to take on additional staff and as such is the very worthy recipient of our Efficiency Award.”

Remy Orsoli, Vice President, Finance & Operations, Bimcor, said: “Our parent has made a number of acquisitions in Canada that would normally require many manual processes and data entry to incorporate their pension assets. By using Eagle we’ve been able to capture that data electronically and seamlessly push it through the entire suite. Operation teams at firms throughout the investment world are being asked to do a lot more with a lot less these days so we are proud to be recognized for our efficiency.”

Bimcor has been an Eagle client since 2007 when it implemented Eagle’s data management and performance measurement solutions. In 2008, it added Eagle Accounting to become a full-suite client.

Notes to editors

Bimcor

Founded in 1983, Bimcor, a wholly-owned subsidiary of Bell Canada, currently manages over $20.0 billion in assets mainly on behalf of pension funds of Bell Canada and its various subsidiaries and affiliates. With its office in Montreal, Bimcor ranks as one of the largest private sector pension fund managers in Canada.  Bimcor engages external firms with specialty mandates to assist in the management of the assets.

Eagle Investment Systems

Eagle is committed to helping financial institutions worldwide grow assets efficiently with its award-winning portfolio management suite of data management, investment accounting and performance measurement solutions that are delivered over its secure private cloud, Eagle ACCESSSM. Eagle deploys trusted solutions and services that create operational efficiencies and help reduce complexity and risk. Eagle Investment Systems LLC is a subsidiary of BNY Mellon. Additional information is available at www.eagleinvsys.com or follow us on Twitter @Eagleinvsys.

BNY Mellon

BNY Mellon is a global investments company dedicated to helping its clients manage and service their financial assets throughout the investment lifecycle. Whether providing financial services for institutions, corporations or individual investors, BNY Mellon delivers informed investment management and investment services in 35 countries and more than 100 markets. As of September 30, 2016, BNY Mellon had $30.5 trillionin assets under custody and/or administration, and $1.7 trillionin assets under management. BNY Mellon can act as a single point of contact for clients looking to create, trade, hold, manage, service, distribute or restructure investments. BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation (NYSE: BK). Additional information is available on http://www.bnymellon.com/. Follow us on Twitter @BNYMellon or visit our newsroom at www.bnymellon.com/newsroomfor the latest company news.

 

Contact:
Jeremy Skaling                              
Eagle Investment Systems LLC    
+1 781.943.2318                                
jskaling@eagleinvsys.com

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Eagle Investment Systems LLC is a leading global provider of financial technology solutions.Eagle's data management, investment accounting and performance measurement solutions integrate and streamline the investment process in support of achieving improved business efficiencies at a lower cost of ownership.