Eagle Releases Two White Papers: Investment Portfolio, Data Management and OTC Clearing
24 October, 2011
BOSTON – October 24, 2011– Eagle Investment Systems LLC, a leading provider of financial services technology and a subsidiary of BNY Mellon, today announced it has released two white papers on key areas affecting the investment management industry.
The first white paper, “Investment Portfolio Data Management,” was authored by D. Terry Jenkins, principal analyst at Eagle. The paper discusses how the investment management industry faces unique and complex data management challenges with the management of Investment Portfolios. There are special requirements for data enrichment and the efficient management of high volumes of information which are best handled by systems and practices specifically designed to address these needs. The paper examines the Investment Portfolio Data Management process and defines the characteristics of the industry. It also examines the particular implications for Investment Portfolios and illustrates how a better understanding of these processes can help firms direct their data management resources and programs toward goals of efficiency, compliance and growth.
The second white paper, “OTC Clearing,” was written by Kishore Saokar, Partner, Vega Investment Technologies in conjunction with Eagle’s product management team. This paper illustrates how the current progress of implementing OTC derivatives regulations varies widely from country to country. It offers readers a framework to analyze their readiness to process OTC cleared swaps and provides high-level guidelines and steps that Eagle and Vega believe are necessary for successful adoption. Additionally, the paper describes the challenges that should be addressed while the regulations are being finalized, and it details the idiosyncrasies of processing instruments currently supported by some clearing houses. Finally, it provides some of the key characteristics for evaluating a system that supports the processing of OTC clearing products.
Vega Investment Technologies, LLC is a provider of post-trade processing solutions with focus on OTC derivatives. It has deep expertise in the middle and back office processing of global securities in the custody and accounting space. Vega’s target clients represent asset servicing firms, asset management firms including hedge funds, and software vendors in the custody/accounting space. Vega Investment Technologies is based in Braintree, Massachusetts. Additional information is available at www.vegainvtech.com.
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 ACCESSSM, 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 www.eagleinvsys.com.
BNY Mellon's Asset Servicing business supports institutional investors in today’s fast-evolving markets, safeguarding assets and enhancing the management and administration of client investments through services that process, monitor and measure data from around the world. We leverage our global footprint and local expertise to deliver insight and solutions across every stage of the investment lifecycle.
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 $25.9 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 $1.6 trillion per day. BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation. Additional information is available at www.bnymellon.com and through Twitter@bnymellon.
Eagle Investment Systems LLC
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