Eagle Investment Systems Provides Solutions in Record Time for Investment Management Client

Eagle Investment Systems Corp. today announced that Fort Washington Investment Advisors, Inc. based in Cincinnati has fully deployed Eagle’s portfolio management, performance measurement, and information delivery solutions to help manage $25 billion in assets* for fixed income, balanced, and equity strategies. Eagle’s professional services team led the implementation project, which was completed under budget in just six months.

"Eagle Investment Systems has helped us improve internal automation while providing the functionality to calculate performance according to our specific needs," said Mark Frietch, vice president of Investment Operations for Fort Washington Investment Advisors. "By deploying Eagle’s solutions quickly and under budget, we are heading down the right path to meeting our goals. We are very pleased with the process Eagle used to manage the implementation."

Fort Washington cited proven scalability and the ability to centralize accounting data in one location as key factors in choosing Eagle Investment Systems. The company sought a solution capable of meeting a number of key requirements: the ability to support multiple lines of business and synchronize its data from multiple accounting systems; a performance system to calculate daily and monthly returns for portfolios, AIMR composites, regular composites, benchmarks, custom blended benchmarks, and performance attribution; and a report distribution mechanism to disseminate results to portfolio managers. To address these requirements, Fort Washington implemented Eagle PACE™, a data hub and portfolio management solution; Eagle Performance, the performance measurement and reporting module of Eagle PACE; and Eagle Portal, a Web-based information delivery application. Additionally, Fort Washington’s operations group is using Eagle’s performance analysis OLAP and performance query reports to verify and research results.

"Implementing Eagle Investment Systems’ solution is strategic for Fort Washington in that it provides a platform that can support our firm long-term and provide scalability as our business grows," said Maribeth Rahe, CEO of Fort Washington. "In addition, Eagle’s solution will help to centralize data from other applications and sources to help automate our reporting and analysis needs."

"More and more firms are moving to a data-centric architecture to enhance internal operational efficiencies and prepare for business expansion," said David Palten, Eagle president and CEO. "Using Eagle’s solutions, Fort Washington is addressing today’s business needs for streamlined performance measurement and information delivery, while preparing for future growth on a scalable platform."

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