Schroders Goes Live With Eagle Reference Manager; Solution Helps Asset Management Firm Achieve Enterprise-wide Data Standard.Business Editors/High-Tech Writers BOSTON--(BUSINESS WIRE)--May 20, 2003 Eagle Investment Systems Corp. today announced that Schroders plc, a London-based world leader in the asset management business, has fully deployed Eagle Reference Manager across its London-, New York- and Tokyo-based businesses. The data management and workflow solution is helping Schroders centralize all of its security reference data in one location and establish a consistent data model across all of its global offices. "As we started to deploy global applications, we quickly realized that we needed a solution that would help with the management and distribution of consistent security reference data throughout our organisation, help to reduce discrepancies, and validate the accuracy of large volumes of data," said Marc Nield, executive director of institutional IT at Schroders. "Eagle Reference Manager is a user-friendly solution that meets all these needs, and we are already realising significant benefits in our market data management processes." "Schroders recognised that data is the foundation of a successful financial organisation Noun 1. financial organisation - an institution (public or private) that collects funds (from the public or other institutions) and invests them in financial assets financial institution, financial organization and that centralising its data can help achieve operational efficiencies and cost-savings," 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. "Eagle is proud to help leading organisations like Schroders take control of their data and bring them one step closer to achieving their straight-through-processing goals." Eagle Reference Manager is a security reference data management and workflow solution that can help organisations consolidate, translate, validate, and disseminate clean and accurate security reference data throughout their enterprise. Eagle Reference Manager can help 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. organizations achieve numerous benefits, including a positive return on investment through elimination of managing disparate data sources, decreased exceptions by cutting down manual input, and business growth without compromising data quality. With Eagle Reference Manager, organisations can establish a data standard, which can result in additional cost savings and reduced operational risk. The Eagle Reference Manager deployment is one part of a larger implementation project currently taking place at Schroders. Last year, Schroders licensed Eagle Reference Manager and Eagle PACE along with the Eagle Portal and Eagle Performance solutions. About Schroders plc Schroders is a global asset management company with GBP GBP In currencies, this is the abbreviation for the British Pound. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 88.3 (E135.7 / $142.3) billion under management as at 31st December 2002. Our clients include corporations, insurance companies, local and public authorities, charities, high net worth individuals and retail investors. Our aim is to apply our specialist asset management skills in serving the needs of our clients worldwide and in delivering value to our shareholders. With one of the largest networks of offices of any dedicated asset management company and over 250 portfolio managers and analysts covering the world's investment markets, we offer our clients a comprehensive range of products and services. Further information about Schroders is located on the following sites: -- Corporate & Institutional: www.schroders.com -- Retail & Investment Funds Noun 1. investment funds - money that is invested with an expectation of profit investment assets - anything of material value or usefulness that is owned by a person or company : www.schroders.co.uk -- Mutual & Off-shore Funds: www.schroders.lu About Eagle Investment Systems Eagle, a Mellon Financial  This article or section may contain a proseline.Please help [ convert this timeline] into prose or, if necessary, a . Company(SM), is a global provider of financial services technology. Eagle's Web-based systems automate internal systems to support STP STP or standard temperature and pressure, standard conditions for measurement of the properties of matter. The standard temperature is the freezing point of pure water, 0°C; or 273.15°K;. requirements of money managers, mutual funds, hedge funds, brokers, plan sponsors, banks, corporate trusts, and insurance companies. Eagle provides solutions for portfolio management, investment accounting, performance measurement, attribution, AIMR/GIPS compliance, reporting, messaging, reference data management, and outsourcing. To learn more about Eagle's solutions, contact us at 1.800.810.3819 or sales@eagleinvsys.com or visit www.eagleinvsys.com. About Mellon Financial Corporation Mellon Financial Corporation is a global financial services company. Headquartered in Pittsburgh, Mellon is one of the world's leading providers of financial services for institutions, corporations and high net worth individuals, providing institutional asset management, mutual funds, private wealth management, asset servicing, human resources The fancy word for "people." The human resources department within an organization, years ago known as the "personnel department," manages the administrative aspects of the employees. services and treasury services Treasury services is a function of an investment bank which provides transaction, investment and information services for chief financial officers, treasurers. Treasury services concentrates and invests client money, and provides trade finance and logistics solutions as well as . Mellon has approximately $2.9 trillion in assets under management Assets Under Management (AUM) is a term used by financial services companies in the mutual fund and money management or investment management business to gauge how much money they are managing. , administration or custody, including $566 billion under management. Its asset management companies include The Dreyfus Corporation Dreyfus Corporation is a leading mutual fund financial firm founded in 1951. It is an industry leader having been the first to advertise to consumers, and create a high yield fund. Though it has its main office in New York City, it is a subsidiary of Pittsburgh based Mellon Financial. and U.K.-based Newton Investment Management Limited. News and other information about Mellon is available at www.mellon.com. |
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