Employees Retirement System of Texas Successfully Deploys Eagle STAR

Boston – 26 September 2006

Eagle Investment Systems LLC today announced that the Employees Retirement System of Texas (Texas ERS) has gone live on Eagle STAR®, its Web-based, real-time, multi-currency investment accounting solution. As part of a project to improve the efficiency of Texas ERS’ investment management process, the Eagle solution was selected to support the unitization of the plans assets.

“We had an aggressive delivery date of less than 4 ½ months to successfully replace our legacy accounting system. Eagle’s breadth of implementation experience, particularly in the public sector, combined with their leading technology and ability to deliver its solution on an ASP model, made Eagle the provider of choice,” said Kurt Lehmann, chief technology officer of Texas ERS. “Eagle is helping us improve our operational efficiency significantly by delivering an automated conduit to help us control and reconcile our portfolio accounts in a straight-through processing environment.”

Eagle replaced the Portia® accounting system to help Texas ERS meet new investment guidelines and support a unitized pool for the trust. The Eagle Plan Investment Accounting and Custody Interface (EPIC) project helped to achieve three strategic goals for Texas ERS, including:

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