To centralize and validate its investment data
Eagle Investment Systems, a provider of financial services technology and a subsidiary of The Bank of New York Mellon, has announced that Nomura Asset Management, a Japanese asset manager, has deployed Eagle’s data management system, to centralize and validate its investment data.
Eagle Investment Systems said that the first phase of the project involved automating, cleansing, and centralizing Nomura Asset Management’s (NAM) data for global equity investments so that data in a common format could be leveraged by its other internal systems that perform compliance and trade management functions. In the future, NAM plans to roll out the same platform to a number of its global offices to capitalize on the same operational and business benefits throughout its organization.
According to Eagle Investment Systems, leveraging a data-centric design, its data management system helps asset managers create and maintain an enterprise data standard to ensure investment data quality and consistency. As a result, managers save time and money by eliminating duplicate sources of data, reducing bad trades and lessening the risk of making bad business decisions.
Eagle Investment Systems also said that the system provides transparency into portfolios to view all assets and sub-assets, and enables managers to analyze complex strategies and investment vehicles. For all securities, Eagle provides the ability to report real-time data and provide a history over time.
John Lehner, president of Eagle Investment Systems, said: Nomura’s vision to deliver a unified platform across its operations is a cause Eagle has been championing with its existing client base for more than a decade. We look forward to growing our relationship with Nomura Asset Management as it continues to roll out the Eagle platform to its global offices.