Eagle Fund Accounting Solution to be used by Desjardins
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Eagle Fund Accounting Solution to be used by Desjardins 24 July 2017 Reporter: Jenna Lomax
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Financial technology provider Eagle Investment Systems, a BNY Mellon subsidiary, has expanded its services mandate with Desjardins Group to include its investment fund accounting solution.
Desjardins is a Canada-based financial group with assets of more than $260 billion. Desjardins Asset Management previously administered Eagle Accounting for its asset management services in 2011.
According to Eagle Investment Systems, the new implementation will allow Desjardins to handle new efficiencies that stem from managing and maintaining fewer systems across the two businesses.
Pauline Toulouse, vice president and COO at Desjardins, said: “Although it’s early days, we are already seeing the benefit of using Eagle with improved workflows. In addition to driving efficiencies in the back office, Eagle enables us to support real business needs that facilitate growth."
Mal Cullen, CEO at Eagle, added: “Desjardins' exceptional leadership and expert team were instrumental in partnering with the Eagle organisation to deliver this project.”
“Extending our relationship with one of Canada’s most reputable and recognised financial brands is testament to the quality of our solutions as well as that of our team. We look forward to exploring opportunities to further deepen our relationship with Desjardins and help them to efficiently grow their business.”
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