Nomura Asset Management Deploys Eagle's Data Management Technology to Support Global Investment Platform


TOKYO, May 11 /PRNewswire/ --

- Centralized data management strategy helps mitigate risk and increase
business efficiency

Eagle Investment Systems LLC, a leading provider of financial services
technology and a subsidiary of The Bank of New York Mellon, announced that
Nomura Asset Management (NAM), Japan's largest asset manager, has
successfully deployed Eagle's data management solution. This project
represents the first stage of NAM's multi-phase plan to upgrade its global
investment platform.

For many asset managers, a data management strategy remains a top
priority because it helps mitigate risk, increases operational efficiency and
creates a solid foundation for managers to make sound business and
operational decisions. By implementing a centralized data management
strategy, managers leverage clean and accurate investment data to understand
their level of risk and exposure to funds across all portfolios and react
quickly to internal and client reporting requirements.

NAM selected Eagle's data management solution to centralize and validate
its investment data to make certain that consistent information is shared
across its investment management systems.

The first phase of the project involved automating, cleansing, and
centralizing NAM's data for global equity investments so that accurate 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.

Leveraging a data-centric design, Eagle's data management solution 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. The solution 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
full history over time.

"Data is a crucial element of our operations, and Eagle's platform helps
us efficiently manage our data and provides our analysts with a clear and
comprehensive view of our business," said Koichi Goto, senior corporate
managing director. "We selected Eagle after an exhaustive evaluation that
began in July 2007 and we believe its data management solution is the best in
the market. By leveraging Eagle's extensive experience in integrating
multiple data sources and other back-office systems, we were able to deliver
our initial phase on schedule."

"We continue to see broader adoption of our platform to support a firm's
global footprint," said John Lehner, president of Eagle. "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."

Nomura Asset Management Co., Ltd. (NAM) established in 1959, is a
multi-product firm offering advisory services, as well as equity and fixed
income investments to both institutional and retail clients. Specializing in
Japan and the Pacific Basin, NAM is the largest international investment
management and advisory company in Japan with offices throughout the world.
NAM is considered a pioneer of globalization with a strong presence in Asia,
Europe and North America. Each management team is dedicated to sound research
and analysis of market fundamentals. They use an expanded research network,
integrated expertise and specialized technology to realize the optimum
investment performance of each fund.

Eagle Investment Systems LLC is a global provider of financial services
technology, serving the world's leading financial institutions. Eagle's
Web-based systems support the complex requirements of firms of any size
including institutional investment managers, mutual funds, hedge funds,
brokers, public funds, plan sponsors and insurance companies. Eagle is
committed to providing enterprise-wide, leading-edge technology and
professional services for investment accounting, data management, performance
measurement and information delivery. Eagle's product suite is offered as an
installed application or can be hosted via Eagle ACCESS, Eagle's application
service provider. To learn more about Eagle's solutions, contact
sales@eagleinvsys.com or visit www.eagleinvsys.com.

BNY Mellon Asset Servicing offers clients worldwide a broad
spectrum of specialised asset servicing capabilities, including custody and
fund services, securities lending, performance and analytics, and execution
services. BNY Mellon Asset Servicing offers its products and services through
The Bank of New York Mellon and other subsidiaries of The Bank of New York
Mellon Corporation.

The Bank of New York Mellon Corporation (NYSE: BK) is a global financial
services company focused on helping clients manage and service their
financial assets, operating in 34 countries and serving more than 100
markets. The company is a leading provider of financial services for
institutions, corporations and high-net-worth individuals, providing superior
asset management and wealth management, asset servicing, issuer services,
clearing services and treasury services through a worldwide client-focused
team. It has US$20.2 trillion in assets under custody and administration,
US$928 billion in assets under management and services more than US$11
trillion in outstanding debt. Additional information is available at
www.bnymellon.com.

© PR Newswire Association LLC.

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