Press Releases
TD Securities Prime Brokerage Selects Eagle Investment Management Solutions
Boston, August 9, 2004 — Eagle Investment Systems Corp. today announced that TD Securities' Prime Brokerage group has selected Eagle's portfolio management, investment accounting, and performance measurement solutions to provide enhanced services to its hedge fund and institutional asset management customers.
"By using Eagle's solutions, TD Securities will provide value-added services to our Prime Brokerage clients," said Lionel de Mercado, TD Securities' managing director and global head of Equity Finance. "We selected Eagle because of its open and flexible platform. This positions us for the future as we continue to grow this important segment of our business."
"We are very excited by the opportunity to assist TD Securities with our solutions for accurate and powerful accounting, reporting, and performance measurement," said David Palten, Eagle president and chief executive officer. "The strength and success of Eagle's team in Canada is attracting more and more Canadian firms to choose Eagle." The Eagle Professional Services group based in Toronto will help TD Securities implement the solution.
TD Securities chose Eagle because its Web-based technology offered the latest functionality and system openness to accommodate its business growth. TD Securities Prime Brokerage will implement EaglePACETM, a data hub and portfolio management system; Eagle STAR®, a high-volume investment accounting solution; and Eagle Performance, an investment performance measurement suite. This functionality will be deployed through its existing client Web site, using Eagle's integration tools.
About TD Securities Prime Brokerage
TD Securities Inc.'s Prime Brokerage group provides money managers with the flexibility to trade with
multiple brokers while consolidating one master account with TD Securities. Centralizing service allows
clients to focus on portfolio management and building their business while leaving the operational and
administrative issues to TD Securities. The Prime Brokerage team is distinguished by its quality of client
service, its integrity and its experience in the industry. Clients work with highly qualified specialists who
are committed to understanding their particular business objectives and investment strategies. These
specialists have in-depth practical knowledge and extensive experience in the Prime Brokerage business.
Prime Brokerage clients enjoy access to other areas, services and strengths of TD Securities including:
research; strategies and trade execution; strong operational support; structured finance; and Tax
structuring. To learn more about TD Securities Prime Brokerage services, visit
www.tdsecurities.com.
About Eagle Investment Systems
Eagle, a Mellon Financial CompanySM is a global provider of financial service technology. Eagle's Webbased
systems automate internal systems to support STP requirements of money managers, mutual funds,
hedge funds, brokers, plan sponsors, banks, corporate trusts, and insurance companies. Eagle provides
solutions for portfolio management, investment accounting, performance measurement, attribution,
AIMR/GIPS compliance, reporting, messaging, reference data management, and outsourcing. To learn
more about Eagle's solutions, contact us at 1.800.810.3819 or sales@eagleinvsys.com or visit
www.eagleinvsys.com.
About Mellon Financial Corporation
Mellon Financial Corporation (NYSE: MEL) is a global financial services company. Headquartered in
Pittsburgh, Mellon is one of the world's leading providers of financial services for institutions,
corporations and high net worth individuals, providing institutional asset management, mutual funds,
private wealth management, asset servicing, human resources and investor solutions, and treasury
services. Mellon has approximately $3.6 trillion in assets under management, administration or custody,
including more than $675 billion under management. Its asset management companies include The
Dreyfus Corporation and U.K.-based Newton Investment Management Limited. News and other
information about Mellon is available at www.mellon.com.