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Intact Investment Management Modernizes and Enhances System through Expanded Relationship with Eagle

email this aricle - Intact Investment Management Modernizes and Enhances System through Expanded Relationship with Eagle   - Boston, MA - 4 April 2012 print this article - Intact Investment Management Modernizes and Enhances System through Expanded Relationship with Eagle   - Boston, MA - 4 April 2012

Eagle Investment Systems LLC, a leading provider of financial services technology and a subsidiary of BNY Mellon, today announced that Intact Investment Management has implemented Eagle’s investment accounting solution. This announcement builds on the existing collaboration which began in 2007 with the adoption of Eagle’s data management and performance measurement solutions which are hosted by Eagle ACCESS(SM).

“Our ongoing relationship with Eagle endorses the value and confidence that we place in their advanced technology solutions,” said Alain Fortin, vice president and chief operating officer of Intact Investment Management. “By leveraging Eagle’s accounting solution, we will improve our operational efficiency, streamline our reporting processes and reduce our costs. These benefits will result in easier and faster interpretation of financial information that helps us in our decision-making and in continuing to deliver solid investment returns for our investors.”

“This new effort will advance our relationship with Intact Investment Management,” said Mal Cullen, Eagle’s head of Canadian Operations and Eagle ACCESS(SM). “These past five years have been a positive experience and we look forward to supporting their future needs and delivering the high-quality service that they have come to expect from us.”

Intact Investment Management Inc. (“IIM”) specializes in active management of stocks and fixed-income securities. The firm employs a research team of approximately 50 professionals in its Montreal and Saint-Hyacinthe offices. IIM manages invested assets of $11.8 billion on behalf of Intact Financial Corporation.

Intact Investment Management Inc. is a wholly-owned subsidiary of Intact Financial Corporation (TSX: IFC).

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