About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

Bimcor Leverages Eagle for Daily Performance Results, Building on Centralised Data Hub

Subscribe to our newsletter

Canadian pension fund manager Bimcor has experienced improved data management and data analysis capabilities after streamlining processes using data management and performance solutions from Eagle Investment Systems. The firm has now completed a project to implement a range of Eagle technology which began in 2004.

Bimcor is a wholly owned subsidiary of BCE Inc and currently manages some $13 billion in pension fund assets. Substantially all of its existing clients are within the BCE Group of companies.

The Eagle solution consolidates Bimcor’s investment data into a single data hub, helping it to ensure it has accurate and consistent data to support its investment process and feed downstream systems. Bimcor uses the Eagle Portal, its web-based information delivery tool, to distribute investment and performance reports to its users.

The solutions were rolled out in a phased approach, with each phase containing specific milestones, according to the vendor. Bimcor first deployed Eagle’s data management solution, Eagle Pace, in 2004. During that implementation all of the required reference data and portfolio accounting (transactions, positions, cash activity) data was loaded into Eagle. In 2005, Bimcor deployed Eagle’s performance measurement system, Eagle Performance, and most recently it implemented the Eagle Portal.
Mal Cullen, the head of Eagle’s Canadian operations, reckons Bimcor has now achieved its two main goals from the project. “With Eagle’s data management solution they have moved to a daily pricing model and now have a centralised data repository,” he says. “With the success of the Eagle implementation, Bimcor can now proceed with their initiative of retiring certain legacy applications. Lastly, Bimcor is generating daily performance by using Eagle’s performance measurement solution,” Cullen adds.

Subscribe to our newsletter

Related content

WEBINAR

Upcoming Webinar: Best practices for compliance with EU Market Abuse Regulation

Date: 18 June 2024 Time: 10:00am ET / 3:00pm London / 4:00pm CET Duration: 50 minutes EU Market Abuse Regulation (MAR) came into force in July 2016, rescinding the previous Market Abuse Directive and replacing it with a significantly extended scope of regulatory obligations. Eight years later, and amid constant change in capital markets regulation,...

BLOG

Snowflake Reviews the Rise of the Chatbot

Large language models (LLMs) are increasingly being used to create chatbots with 46% of apps falling into this category in May 2023, and the percentage continuing to rise. This shows a shift from LLM applications with text-based input, 82% in 2023 and 54% in 2024, to those with iterative text input and offering the ability...

EVENT

RegTech Summit New York

Now in its 8th year, the RegTech Summit in New York will bring together the regtech ecosystem to explore how the North American capital markets financial industry can leverage technology to drive innovation, cut costs and support regulatory change.

GUIDE

Entity Data Management Handbook – Fifth Edition

Welcome to the fifth edition of A-Team Group’s Entity Data Management Handbook, sponsored for the fourth year running by entity data specialist Bureau van Dijk, a Moody’s Analytics Company. The past year has seen a crackdown on corporate responsibility for financial crime – with financial firms facing draconian fines for non-compliance and the very real...