BOSTON - March 28, 2005 - Eagle Investment Systems Corp. today announced that Causeway Capital Management LLC, an investment management firm with approximately $12 billion (as of 2/05) in assets under management, has fully deployed Eagleâs portfolio management, performance measurement, and accounting solutions via Eagleâs ASP service, Eagle ACCESS.
Causeway chose Eagle for its tightly integrated product suite, which includes robust accounting and performance solutions, and for its extensive experience with hosting investment management solutions. Causeway needed a tightly integrated and automated environment to perform timely and accurate daily portfolio valuations, daily reporting, and daily performance. Eagle offered a solution to perform all of these needs. Causeway selected Eagle STARÃ¢, a high-volume investment accounting solution; Eagle PACEÃ¤, a data hub and portfolio reporting solution; and Eagle Performance, an investment performance measurement and attribution module, all of which are being hosted on Eagleâs ASP service, Eagle ACCESS.
"Causeway successfully leveraged the experienced professionals at Eagle ACCESS and the Eagle product suite to extend the capabilities for our back office into the foreseeable future," said Pete Petersen, Causewayâs head of information systems.
"Causewayâs use of Eagleâs solutions via Eagle ACCESS is a perfect example of how investment management firms can better manage their technology resources by employing an ASP model," said David Palten, Eagle's president and CEO. "Eagle ACCESS provides financial organizations with tremendous flexibility in terms of both functionality and deliverability to meet current and future investment management requirements."