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Eagle Investment Systems Corp. and CWB Systems Services, Inc. Partner for Global Strategic Channel Alliance.


Business/Technology Editors

NEWTON, Mass.--(BUSINESS WIRE)--June 26, 2000

Eagle Investment Systems Corp. and CWB CWB Canadian Wheat Board
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CWB Corpus Workbench
CWB Certified Wildlife Biologist
CWB Child Welfare Board
 Systems Services, Inc. ("CWB") announced today that they have formed a strategic alliance for implementation of the Eagle PACE(TM) product domestically and abroad.

"As one of Europe's largest financial services' consultancies with a strong U.S. presence, CWB was an ideal choice to help Eagle to further expand in both markets. This partnership further forges our commitment to developing strategic new relationships with leading-edge organizations within the financial services The examples and perspective in this article or section may not represent a worldwide view of the subject.
Please [ improve this article] or discuss the issue on the talk page.
 industry. CWB's reputation of providing on-time and on-budget implementations, made this partnership a win-win," said Jack Riley For the ice hockey player, see .

Jack Riley (born December 30, 1935) is an American comedic actor probably most recognizable as the irascible Elliot Carlin from Bob Newhart's 1970s TV sitcom, The Bob Newhart Show, and as the voice of Stu Pickles in Rugrats.
, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  of Eagle.

"CWB has had tremendous success working with some of the largest global financial services organizations. As CWB continues its mission to help organizations use technology to bring about efficiency, it's simply a smart business decision to partner with Eagle, particularly with their fully Web-based, multilingual product suite," said Christiane Wuillamie, CWB founder and Chairman.

"CWB and Eagle have already begun working together on client engagements, and it is clear that Eagle's products uniquely fulfill important business requirements for asset management firms This is a list of corporations that provide financial asset management.
  • Abernathy Group
  • ABN AMRO Asset Management
  • Acadian Asset Management
  • AllianceBernstein
  • Ameriprise Financial, Inc.
, and help them move up the technology curve. This partnership is a natural fit with our core delivery skills," said Craig Birkelund, CWB's U.S. general manager.

Initially CWB will be implementing the Eagle PACE product in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area.  and Europe. Eagle PACE, an investment data hub, warehouse, and portfolio management system was designed to integrate analytic and market data with portfolio accounting and trade data across all asset types for buy-side investment managers. This fully Web-based solution rapidly collects, controls, purifies and organizes data from multiple and disparate investment sources into one common database. With the ability to accept in excess of 40 interfaces, Eagle PACE is becoming the benchmark for the industry.

"As we look towards the future, our relationship with CWB will expand to include the implementation of the Eagle STAR(TM) product. In 2001, we expect CWB to become one of our premier Application Service Providers (ASPs) in the United Kingdom," said Dave Reid David William Reid (born (May 15, 1964 in Toronto, Ontario) is a retired Canadian ice hockey left wing. Playing career
Selected in the 1982 NHL Entry Draft by the Boston Bruins, Reid spent his first few seasons between the parent club and the minors.
, Senior Vice President, ASP Programs at Eagle.

"We designed our ASP program to help bring our leading-edge technology solutions to small to mid-sized organizations. As these organizations struggle to keep pace with emerging technologies while balancing the cost prohibitiveness of a full implementation of this type of solution, Eagle's ASP provides a viable alternative."

About CWB

CWB, based in London and New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
, is a privately owned UK Plc with over 160 employees. Founded in 1994 by Christiane Wuillamie, CWB is recognized as a pioneer of IT within the financial markets, by successfully providing a bridge between technology providers (whether internal IT departments or external suppliers) and business managers. For more information about CWB, please visit their Web site at www.cwb.com or contact Charlotte Rose at +44 (0) 20 7650 0125.

About Eagle Investment Systems

Eagle Investment Systems is a premier developer of Web and client/server-based investment management software solutions supporting investment professionals in managing mission-critical business processes. Eagle is based in Newton, MA, and also has offices in West Hartford West Hartford, town (1990 pop. 60,110), Hartford co., central Conn., a suburb of Hartford; settled c.1679, inc. 1854. Industrial production, which comprises a geographically small part of West Hartford, includes machine tools and parts, aircraft accessories, air , CT, San Francisco San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden , CA, and Madras Madras.

1 State and former province, India: see Tamil Nadu.

2 City, India: see Chennai.
, India. Eagle's products include Eagle PACE(TM) and Eagle STAR(TM). The Eagle product suite including an AIMR/GIPS compliant performance measurement module, risk and attribution, client reporting, insurance accounting, and investment guideline monitoring/post-trade compliance modules, integrates and automates critical front-, middle-, and back-office functions of investment management organizations and delivers true "straight-through" processing capabilities. For more information about Eagle and its products and services, please contact us at 1.800.810.3819 (U.S. residents only), 1.860.561.4602, or visit us on the Web at www.eagleinvsys.com.

For information about Eagle Development, please look at http://www.businesswire.com/webbox/bw.012999/980440.htm
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Publication:Business Wire
Date:Jun 26, 2000
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