Eagle Investment Systems LLC, a
leading provider of financial services technology and a subsidiary of BNY
Mellon, has announced that Fiera Capital Corporation, a leading independent
Canadian full-service investment management firm with approximately $55 billion
in assets under management, will implement Eagle’s solutions throughout its
enterprise.
Fiera Capital’s relationship with
Eagle was extended through the acquisition of long-time Eagle client, Natcan
Investment Management. Fiera Capital is integrating Natcan’s deployment of
Eagle’s data management solution, performance measurement solution, and
multi-lingual portal to its current operational infrastructure. The firm is
also adding $30 billion in assets to the Eagle platform while migrating to
Eagle ACCESSSM, Eagle’s secure private cloud.
Fiera Capital announced its
acquisition of Natcan in April 2012, making the firm one of the largest
independent asset managers in Canada. With $25 billion in assets under
management, Natcan was formerly a subsidiary of National Bank of Canada,
providing asset management services to pension funds, mutual funds, insurance
companies, exchange-traded funds, foundations and other institutional clients.
Natcan has been an Eagle client since 2005.
“In all of our acquisitions, we
look to create efficiencies and find cost-savings by leveraging the best
providers and services available,” said Robert TrĂ©panier, senior vice
president, Operations and Information Technology, Fiera Capital. “In Natcan’s
case, we saw an opportunity to apply its current data management and performance
measurement solutions to our entire company, thereby reducing multi-vendor
complexity and saving time and money. Our adoption of Eagle’s software and
migration to the cloud will enable us to establish a firm-wide,
state-of-the-art technology solution that is secure, universal and will help us
to integrate future acquisitions into our centralized platform much more easily
and efficiently.”
“As a top investment manager in
Canada, we saw the need for a leading technology provider that understands the
industry and can advise us on how to best achieve our goals,” said Maher
Hemissi, vice president of Information Technology and Middle-Office, Fiera
Capital. “Eagle has the experience and qualifications we were looking for in a
vendor, and Natcan’s success in using its platform was an obvious testament to
their proven, broad capabilities. With Eagle, we now have a solution that is
reflective of our place in the market and able to grow with us over time.”
Fiera Capital is one of only a
handful of full service, multi-product investment firms in Canada, offering
clients a proven top tier track record in equity and fixed income management as
well as depth and expertise in asset allocation and alternative investments.
Additional information is available at www.fieracapital.com.
Eagle Investment Systems is
committed to helping financial institutions worldwide grow assets efficiently
with its innovative portfolio management suite of data management, investment
accounting and performance measurement solutions that are delivered over its
secure private cloud, Eagle ACCESSSM Since 1989, Eagle has deployed trusted
solutions and services that create operational efficiencies and help reduce
complexity and risk. Eagle Investment Systems LLC is a subsidiary of BNY
Mellon.
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 Asset Servicing provides services
through BNY Mellon and other related companies. 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 $27.9 trillion in assets under custody and administration and $1.4 trillion
in assets under management, services $11.6 trillion in outstanding debt and
processes global payments averaging $1.4 trillion per day.
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