Eagle Investment Systems, a provider of financial services technology and a subsidiary of The Bank of New York Mellon, has been selected by South Africa- based Prescient, an investment management firm, to deliver its integrated investment management suite via its application service provider (ASP), Eagle ACCESS.
Eagle will assist Prescient to meet increasing client reporting requirements and provide access to data in an efficient and effective manner. The implementation is scheduled to begin during the summer. Prescient is expecting to increase productivity by redirecting internal resources as a result of using Eagle’s ASP, Eagle ACCESS.
Carey Millerd, Chief Executive Officer of Prescient, said: “Over the past several years, Prescient’s business has expanded both locally and globally, and the management of investment data, accounting and performance has become a more complicated process. In addition there has been a noticeable increase in client requirements for data and more sophisticated reporting. We concluded that it was time to enhance our back office to support both our growth objectives and client needs.”
