Eagle Hosts Webcast to Explore the Critical Steps in Legacy System Replacement

7 July, 2016

BOSTON – July 7, 2016 – Eagle Investment Systems LLC, a BNY Mellon company and leading provider of financial services technology, today announced it is hosting a webcast in partnership with WatersTechnology, which will explore both the realized and opportunity costs confronting buy-side firms that are operating legacy systems. The online event, available for free to those that register, will highlight how firms can create a roadmap of their efforts to replace outdated or obsolete systems, supporting agility and scalability in the pursuit of future growth.

The webcast, “Replacing Legacy Technologies to Support Business Growth and Compliance,” will be moderated by WatersTechnology Editor in Chief Victor Anderson. The panel consists of Eagle’s Mike Maltby, Head of Market Strategy; Prescient’s Craig Mockford, Chief Operating Officer; and Desjardins’ Mario Coulombe, Senior Advisor. The panelists will discuss the business processes that are most affected by legacy systems and help uncover the hidden costs of relying on outdated platforms and technology.

“The growing volume and complexity of data, coupled with the heightened demands to efficiently access and leverage this information, has hit critical mass for a number of buy-side firms,” said Mike Maltby. “Today, success in asset management requires flexibility and agility, and legacy systems—which aren’t receiving the requisite reinvestment to keep up with new technologies—can present one of the more daunting gates to growth.”

The webinar, which takes place on July 13th, at 3pm BST / 10am EDT, will explore:

• The extent to which buy-side firms are operating with sub-optimal technology
• The impact this can have on operations and compliance
• Technology options that exist to facilitate future growth and efficiently meet growing regulatory and data demands
• How asset managers can calculate an estimated ROI, making the business case to support legacy system replacement
• Steps to create a practical strategy in replacing outdated systems and technologies in order to keep pace with an evolving competitive landscape, new market demands and growing regulatory requirements

Interested participants can register for the webinar here and a replay of the webcast will be available for a limited time.

Notes to editors

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 March 31, 2016, BNY Mellon had $29.1 trillion in assets under custody and/or administration, and $1.6 trillion in 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 www.bnymellon.com. Follow us on Twitter @BNYMellon or visit our newsroom at www.bnymellon.com/newsroom for the latest company news.

Contact:
Garrett Tardie
Eagle Investment Systems LLC
+1 781.943.4852
gtardie@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.