Osool Wins Innovation Award 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 named Osool Asset Management BSC (c) (Osool) the winner of this year’s Eagle Client Innovation Award at the Engage 2016 conference. The event is currently being held in Orlando, Florida.

Osool, the investment arm of the Social Insurance Organization and Military Pension Fund in the Kingdom of Bahrain, was presented the award in recognition of its innovative use of Eagle’s solutions. The organization is leveraging Eagle’s full-suite to meet their risk and reporting needs as they continue to showcase their deployment as a model for the Middle East.

The Eagle Client Awards recognize organizations that have demonstrated the most exceptional use of the solutions 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 services teams, which are then reviewed and judged by the Eagle Executive Council.

“Osool has utilized the flexibility of Eagle’s capabilities to produce a comprehensive and robust solution that delivers daily insight into risk and volatility,” said Diane McLoughlin, Chief Client Officer for Eagle Investment Systems.

“Not only is Osool one of few firms in the Middle East to have achieved GIPS® certification, but it is one of the first to have built a graphical delivery portal that provides transparency over its assets, with performance reporting available to stakeholders anywhere in the world. For these reasons, Osool really stood out for its innovative approach to transforming its operations to meet the changing needs of their business, while managing its data more effectively and efficiently,” she added.

Further commenting on the award, Osool Asset Management’s Chief Executive Officer, Abdulla bin Khalifa Al Khalifa, said: “We have been a full suite Eagle client since 2013 and have worked closely with members of the Eagle team and its wider ecosystem to build a comprehensive risk and performance solution. The efficiencies we have been able to achieve have enabled our team to focus on higher-value activities and gain vital market insights in order to support the growth of our asset base.”

“We are delighted to have had our effort recognized by Eagle’s leadership and we look forward to continuing our relationship as we look to advance our reporting and analysis functionality to support our growth objectives,” Al Khalifa added.

 

Notes to editors

Osool

Osool Asset Management BSC (c) (Osool) is an investment management Company, serving the interests of its founding shareholders: Bahrain’s Social Insurance Organisation (SIO) and the Military Pension Fund (MPF). The Company’s fiscal and social responsibilities are to provide sustainable financial security for pensioners and their families, while supporting the objectives for economic growth of the Kingdom of Bahrain. Osool Asset Management BSC (c) (Osool) fosters the focused vision of an independent, fully-fledged asset management Company. Its objectives are to deal in financial instruments as principal and agent, to provide management and advisory services relating to those financial instruments, and to direct collective investment undertakings. Osool, headquartered in the Kingdom of Bahrain, is regulated by the Central Bank of Bahrain.

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/newsroom for the latest company news.

 

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

Contact Us ...

For Sales and Marketing
click here

For Support contact your relationship manager or
visit the Eagle Portal

For Public Relations click here

Eagle Investment Systems - News
news,Eagle Investment Systems,data management,investment accounting,performance measurement solutions,financial technology solutions,financial data management solutions,web-based financial technology solutions
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.