Electra Information Systems (Electra), the leading provider of state-of-the-art reconciliation solutions for the asset management industry, today announced that Eagle Investment Systems LLC (Eagle), a global provider of financial services technology solutions and Electra have extended their strategic alliance, first announced in 2013. The providers are now working together to offer unified data and reconciliation solutions. This offering will allow Eagle customers straightforward and proven integration of the award winning Electra and Eagle solutions, making best-of-breed reconciliation functionality available to leading buy side institutions.
“Our customers have increasingly complex asset types and reconciliation can be difficult and time-consuming. By expanding our alliance with Electra we can help our clients to address this challenge. This best-of-breed reconciliation system helps accomplish their tasks efficiently – and our customers have let us know that this is an excellent solution for their needs,” said Joel Kornblum, Head of Strategic Alliances at Eagle Investment Systems. “As an open platform, we will continue to expand our ecosystem with solutions that bring value to our clients. Our Data Integration Services offering allows for quick time to value and ongoing management of the system integration.”
“We are thrilled to continue and expand our relationship with Eagle.” said Ian Danic, Executive Director, Electra. “In today’s world, with follow-the-sun operations, operations managers need increased insight into their data. Electra Reconciliation provides it and the new intuitive NAV/TPV (net asset value/total portfolio valuation) workspace offers critical support for that understanding. Eagle’s commanding position in the market and worldwide presence allows Electra to deliver end-to-end reconciliation quickly where it is needed.
In 2016 Electra won both the Best Reconciliation Management Provider in Waters Technology Rankings and Best Reconciliation Solution in the FTF News Technology Innovation Awards. Eagle won both the Best Enterprise Data Management SystemsProvider in Waters Rankings and Best Enterprise Data Management Solution and Best Performance Measurement and Attribution System in the FTF News Technology Innovation Awards.
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